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Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled an update.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 5,417 of its ordinary shares through Berenberg. These shares will be held in treasury, reducing the number of voting shares in circulation to 115,279,584 out of a total of 116,347,803 shares issued. This move is part of Foresight’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares available in the market.
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 prominent investment manager specializing in real assets and capital for growth, with operations spanning the UK, Europe, and Australia. The company focuses on providing investment opportunities that support the energy transition, decarbonization, and nature recovery, while also fostering the economic potential of ambitious companies. As a member of the FTSE 250 index, Foresight combines financial and operational expertise to deliver attractive returns through diversified investment strategies.
Average Trading Volume: 411,897
Technical Sentiment Signal: Buy
Current Market Cap: £541.7M
Learn more about FSG stock on TipRanks’ Stock Analysis page.