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An announcement from Foresight Group Holdings Ltd. ( (GB:FSG) ) is now available.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg, with prices ranging from 463.50 GBp to 468.50 GBp per share. This move is part of a larger buyback initiative that has seen over 1.5 million shares repurchased, reducing the number of voting shares available and 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 £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 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 the economic potential of ambitious companies. 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 grow thriving companies and economies.
Average Trading Volume: 197,677
Technical Sentiment Signal: Buy
Current Market Cap: £526.2M
Find detailed analytics on FSG stock on TipRanks’ Stock Analysis page.