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Fuller Smith & Turner ( (GB:FSTA) ) has provided an announcement.
Fuller, Smith & Turner PLC announced the repurchase of 8,000 of its ‘A’ Ordinary Shares as part of its ongoing share buyback programme. This transaction, executed through Numis Securities Limited, is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:FSTA) stock is a Buy with a £12.50 price target. To see the full list of analyst forecasts on Fuller Smith & Turner stock, see the GB:FSTA Stock Forecast page.
Spark’s Take on GB:FSTA Stock
According to Spark, TipRanks’ AI Analyst, GB:FSTA is a Outperform.
Fuller Smith & Turner achieves a solid overall score driven by robust financial performance and strategic share buybacks that enhance shareholder value. The valuation is attractive with a reasonable P/E ratio and a strong dividend yield. However, technical indicators suggest short-term bearish momentum, which could pose a risk.
To see Spark’s full report on GB:FSTA stock, click here.
More about Fuller Smith & Turner
Fuller, Smith & Turner PLC is a company operating in the hospitality industry, primarily known for its pubs and hotels. The company focuses on providing premium hospitality services in the UK market.
Average Trading Volume: 35,011
Technical Sentiment Signal: Strong Sell
Current Market Cap: £309.2M
For detailed information about FSTA stock, go to TipRanks’ Stock Analysis page.