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An announcement from Begbies Traynor ( (GB:BEG) ) is now available.
Begbies Traynor Group PLC has executed a share buyback program, purchasing 34,150 ordinary shares at a price of 123 pence each on the London Stock Exchange’s AIM. The repurchased shares will be held in treasury, adjusting the total number of shares in circulation to 159,391,440, which stakeholders can use to assess their shareholdings 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, focusing on providing professional services such as corporate restructuring, insolvency, and advisory services. The company is listed on the London Stock Exchange’s AIM market.
Average Trading Volume: 487,994
Technical Sentiment Signal: Buy
Current Market Cap: £198.5M
Find detailed analytics on BEG stock on TipRanks’ Stock Analysis page.