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Begbies Traynor ( (GB:BEG) ) has provided an announcement.
Begbies Traynor Group PLC has executed a share buyback program, purchasing 60,000 ordinary shares at prices ranging from 120 to 121 pence per share. The repurchased shares will be held in treasury, adjusting the total number of shares in issue to 159,670,566, which shareholders can use to assess their stake 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
Average Trading Volume: 364,587
Technical Sentiment Signal: Buy
Current Market Cap: £177.3M
Learn more about BEG stock on TipRanks’ Stock Analysis page.