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Foresight Group Holdings Ltd. ( (GB:FSG) ) has provided an update.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 7,092 of its ordinary shares through Berenberg, with prices ranging from 447.00 to 450.00 GBp per share. The shares will be held in treasury, reducing the number of voting shares and potentially impacting shareholder calculations under FCA rules. This move is part of a broader strategy to manage the company’s capital structure and enhance shareholder value.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £546.00 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. has a strong financial performance with impressive growth and profitability, supported by solid technical indicators. The valuation is fair with an attractive dividend yield. However, caution is advised due to increased debt levels and potential overbought technical signals.
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 growth capital, with operations across the UK, Europe, and Australia. Established in 1984, the company focuses on investment opportunities that drive energy transition, decarbonization, nature recovery, and economic growth. As a FTSE 250 index constituent, Foresight offers a diverse range of private and public funds, aiming to maximize asset value and deliver attractive returns while contributing to a sustainable future.
Average Trading Volume: 404,288
Technical Sentiment Signal: Buy
Current Market Cap: £510.7M
For a thorough assessment of FSG stock, go to TipRanks’ Stock Analysis page.