Foresight Group Advances Share Buyback Program

Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled an update.

Foresight Group Holdings Limited announced the purchase of 15,000 of its ordinary shares as part of its share buyback program, with prices ranging from 398.00 GBp to 405.00 GBp. This transaction is part of a broader buyback initiative that has seen 866,041 shares repurchased, impacting the number of voting shares available and potentially influencing shareholder notifications under FCA rules.

The most recent analyst rating on (GB:FSG) stock is a Buy with a £550.00 price target. To see the full list of analyst forecasts on Foresight Group Holdings Ltd. stock, see the GB:FSG Stock Forecast page.

Spark’s Take on GB:FSG Stock

According to Spark, TipRanks’ AI Analyst, GB:FSG is a Outperform.

Foresight Group Holdings Ltd. displays strong financial fundamentals with robust revenue growth and profitability, a solid balance sheet, and a strategic share buyback program that enhances shareholder value. While the valuation metrics are attractive, short-term technical indicators suggest caution. Overall, the company is well-positioned for long-term growth, making it appealing to value investors despite potential short-term volatility.

To see Spark’s full report on GB:FSG stock, click here.

More about Foresight Group Holdings Ltd.

Foresight Group Holdings Limited, founded in 1984, is a leading investment manager specializing in real assets and capital for growth, with operations across the UK, Europe, and Australia. The company focuses on investment opportunities that support energy transition, decarbonization, nature recovery, and economic growth, offering a range of private and public funds as well as retail market solutions. Foresight is part of the FTSE 250 index and is committed to building a sustainable future.

Average Trading Volume: 250,812

Technical Sentiment Signal: Buy

Current Market Cap: £453.4M

For detailed information about FSG stock, go to TipRanks’ Stock Analysis page.