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Begbies Traynor ( (GB:BEG) ) just unveiled an announcement.
Begbies Traynor Group PLC has announced a share buyback, purchasing 100,000 ordinary shares on the London Stock Exchange’s AIM market. The repurchased shares will be held in treasury, impacting the total number of shares available for trading and potentially affecting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:BEG) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Begbies Traynor stock, see the GB:BEG Stock Forecast page.
Spark’s Take on GB:BEG Stock
According to Spark, TipRanks’ AI Analyst, GB:BEG is a Neutral.
Begbies Traynor’s solid financial performance and positive corporate developments are offset by valuation concerns due to a high P/E ratio. The technical outlook is stable, supporting a moderately positive view.
To see Spark’s full report on GB:BEG stock, click here.
More about Begbies Traynor
Begbies Traynor Group PLC operates in the financial services industry, providing professional services in areas such as insolvency, restructuring, and advisory services. The company is focused on assisting businesses and individuals with financial challenges, primarily in the UK market.
Average Trading Volume: 496,811
Technical Sentiment Signal: Buy
Current Market Cap: £195.2M
See more insights into BEG stock on TipRanks’ Stock Analysis page.