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The latest announcement is out from Card Factory ( (GB:CARD) ).
Card Factory plc announced the repurchase of 100,000 ordinary shares at an average price of 102.9349 pence per share, which will be held in treasury. This transaction is part of the company’s share repurchase program, reflecting a strategic move to manage its share capital and potentially enhance shareholder value.
The most recent analyst rating on (GB:CARD) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on Card Factory stock, see the GB:CARD Stock Forecast page.
Spark’s Take on GB:CARD Stock
According to Spark, TipRanks’ AI Analyst, GB:CARD is a Outperform.
Card Factory’s strong financial performance and attractive valuation are the primary drivers of its overall score. While technical indicators suggest some short-term weakness, the company’s robust profitability and appealing dividend yield support a positive outlook.
To see Spark’s full report on GB:CARD stock, click here.
More about Card Factory
Card Factory plc is a leading specialist retailer in the UK, focusing on greeting cards, gifts, and celebration essentials.
Average Trading Volume: 996,588
Technical Sentiment Signal: Buy
Current Market Cap: £362.1M
For an in-depth examination of CARD stock, go to TipRanks’ Overview page.