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The latest update is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).
Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg, with prices ranging from 457.50 GBp to 464.50 GBp. This move is part of a broader strategy to manage its share capital, with a total of 1,265,352 shares bought back under the program, impacting the number of voting shares available and potentially influencing shareholder calculations 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. is well-positioned with strong financial fundamentals and a solid dividend yield, making it attractive for income investors. The company’s strategic share buybacks further bolster shareholder value. However, mixed technical indicators and increased debt levels pose potential risks that investors should monitor.
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 capital for growth, with operations across the UK, Europe, and Australia. The company focuses on investment opportunities that support the energy transition, decarbonization, nature recovery, and economic growth, offering a range of private and public funds and investment solutions for the retail market.
Average Trading Volume: 234,182
Technical Sentiment Signal: Strong Buy
Current Market Cap: £503.7M
Learn more about FSG stock on TipRanks’ Stock Analysis page.