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 announcement.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg. The shares, bought at an average price of 456.45 GBp, will be held in treasury, reducing the number of voting shares available. This move is part of a broader strategy to manage the company’s capital structure, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency 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 performance and a strategic share buyback program enhancing shareholder value. The stock’s valuation is fair, and technical indicators suggest positive momentum. However, recent increases in debt and cash flow fluctuations should be monitored.
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. Founded in 1984, the company focuses on investment opportunities that support the energy transition, decarbonization, nature recovery, and economic growth. As a constituent of the FTSE 250 index, Foresight offers a diversified range of private and public funds, aiming to build a sustainable future and thriving economies.
Average Trading Volume: 221,506
Technical Sentiment Signal: Strong Buy
Current Market Cap: £510.4M
Learn more about FSG stock on TipRanks’ Stock Analysis page.