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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 5,338 of its ordinary shares through Berenberg. These shares will be held in treasury, thus having no voting rights, and the total number of voting shares stands at 114,560,825. 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 £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, founded in 1984, is a prominent investment manager specializing in real assets and capital for growth, with operations spanning the UK, Europe, and Australia. The company is part of the FTSE 250 index and focuses on investment opportunities that support energy transition, decarbonization, and nature recovery, aiming to build a sustainable future and grow thriving companies and economies.
Average Trading Volume: 407,495
Technical Sentiment Signal: Buy
Current Market Cap: £515.2M
For detailed information about FSG stock, go to TipRanks’ Stock Analysis page.