Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Card Factory ( (GB:CARD) ) has shared an announcement.
Card Factory plc has announced the purchase of 515,000 ordinary shares at a volume-weighted average price of 70.5410 pence per share, which will be held in treasury. This move is part of a share repurchase program, potentially impacting the company’s share capital structure and offering strategic flexibility for future financial planning.
The most recent analyst rating on (GB:CARD) stock is a Buy with a £120.00 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 overall stock score is driven by its strong financial performance and strategic share repurchase activities, which enhance shareholder value. The attractive valuation further supports the stock’s potential. Technical indicators are neutral, suggesting stability without significant upward or downward momentum.
To see Spark’s full report on GB:CARD stock, click here.
More about Card Factory
Card Factory plc is the UK’s leading specialist retailer of greeting cards, gifts, and celebration essentials.
Average Trading Volume: 1,254,415
Technical Sentiment Signal: Sell
Current Market Cap: £243.9M
See more data about CARD stock on TipRanks’ Stock Analysis page.