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An announcement from Begbies Traynor ( (GB:BEG) ) is now available.
Begbies Traynor Group PLC has transferred 13,432 ordinary shares from its treasury to fulfill staff share options that have been exercised. This transfer reduces the company’s treasury shares to 561,940, while the total number of shares in issue, excluding treasury shares, stands at 159,203,097. This move reflects the company’s ongoing commitment to employee incentives and may impact its financial structure and shareholder dynamics.
The most recent analyst rating on (GB:BEG) stock is a Hold with a £105.00 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 overall stock score is driven by its strong financial performance, particularly in cash flow generation and revenue growth. The technical analysis suggests a neutral market sentiment, while the valuation indicates the stock may be priced on the higher side. The absence of earnings call data and corporate events means these factors did not influence the score.
To see Spark’s full report on GB:BEG stock, click here.
More about Begbies Traynor
Begbies Traynor Group PLC operates in the professional services industry, offering services primarily in corporate restructuring, insolvency, and financial advisory. The company focuses on providing solutions to businesses facing financial distress and operates within the UK market.
Average Trading Volume: 528,691
Technical Sentiment Signal: Strong Buy
Current Market Cap: £185.2M
Learn more about BEG stock on TipRanks’ Stock Analysis page.