Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled an update.
Foresight Group Holdings Limited announced a share buyback program, purchasing 42,097 of its ordinary shares through Berenberg. These shares will be held in treasury, reducing the number of voting shares to 114,884,377 out of a total of 116,347,803 shares. This move is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £516.00 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. scores well due to its strong financial performance and strategic corporate actions like share buybacks. Technical indicators show positive momentum, although valuation metrics suggest the stock is fairly priced. The absence of recent earnings call data limits further insights.
To see Spark’s full report on GB:FSG stock, click here.
More about Foresight Group Holdings Ltd.
Foresight Group Holdings Limited is a leading investment manager specializing in real assets and providing capital for growth. Operating across the UK, Europe, and Australia, Foresight focuses on investment opportunities that support the energy transition, decarbonization, nature recovery, and economic potential of ambitious companies. As a constituent of the FTSE 250 index, it offers a diversified range of private and public funds and investment solutions aimed at building a sustainable future.
Average Trading Volume: 316,079
Technical Sentiment Signal: Strong Buy
Current Market Cap: £539.1M
For an in-depth examination of FSG stock, go to TipRanks’ Overview page.