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Fuller Smith & Turner ( (GB:FSTA) ) has shared an update.
Fuller, Smith & Turner PLC announced the repurchase of 20,000 of its ‘A’ Ordinary Shares as part of its ongoing share buyback program. This transaction, conducted through Numis Securities Limited, is part of a strategy to hold these shares in Treasury, affecting the total number of listed voting rights and potentially impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules.
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’s strong financial performance and strategic corporate actions, such as share buybacks, are significant positives. The stock’s valuation is attractive, with a low P/E ratio and a good dividend yield. However, the technical analysis indicates bearish momentum, which could pose short-term risks. Overall, the company presents a stable investment with potential for growth, but investors should be cautious of current market trends.
To see Spark’s full report on GB:FSTA stock, click here.
More about Fuller Smith & Turner
Fuller, Smith & Turner PLC operates in the hospitality industry, primarily focusing on brewing and running pubs. The company is known for its range of beers and operates a significant number of pubs across the UK, catering to a diverse market of beer enthusiasts and pub-goers.
Average Trading Volume: 36,411
Technical Sentiment Signal: Sell
Current Market Cap: £305.2M
See more insights into FSTA stock on TipRanks’ Stock Analysis page.