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The latest announcement is out from Begbies Traynor ( (GB:BEG) ).
Begbies Traynor Group plc, a company listed on the London Stock Exchange’s AIM, has executed a share buyback program, purchasing 37,450 ordinary shares at an average price of 123.73 pence per share. These shares will be held in treasury, impacting the total number of shares in circulation and potentially affecting shareholder calculations under regulatory rules.
The most recent analyst rating on (GB:BEG) stock is a Buy with a £1.60 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: 484,295
Technical Sentiment Signal: Buy
Current Market Cap: £197.8M
See more insights into BEG stock on TipRanks’ Stock Analysis page.