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) ) has shared an announcement.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg. These shares will be held in treasury, reducing the number of voting shares to 113,247,303 out of 116,347,803 total 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.
Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth, operating in the UK, Europe, and Australia. The company offers investment opportunities focused on energy transition, decarbonization, nature recovery, and economic growth, with a commitment to sustainability. Foresight is part of the FTSE 250 index and provides a range of private and public funds, along with retail investment solutions.
Average Trading Volume: 199,542
Technical Sentiment Signal: Buy
Current Market Cap: £520.1M
See more data about FSG stock on TipRanks’ Stock Analysis page.