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Funding Circle Holdings ( (GB:FCH) ) has shared an announcement.
Funding Circle Holdings has continued its share buyback programme, repurchasing 63,124 ordinary shares on 3 March on the London Stock Exchange via Investec Bank at a volume-weighted average price of 141.1976p, within a trading range of 137.80p to 142.80p. The company will hold these shares in treasury, taking its treasury stock to 4,410,269 shares and leaving 300,331,307 shares in issue, a figure that defines the current total voting rights for shareholders under UK disclosure rules.
The most recent analyst rating on (GB:FCH) stock is a Buy with a £192.00 price target. To see the full list of analyst forecasts on Funding Circle Holdings stock, see the GB:FCH Stock Forecast page.
Spark’s Take on GB:FCH Stock
According to Spark, TipRanks’ AI Analyst, GB:FCH is a Neutral.
The score is driven by improving profitability and a solid balance sheet, supported by a constructive and growth-oriented earnings outlook. It is held back by negative operating/free cash flow, overbought technical signals that raise near-term pullback risk, and a valuation that is not particularly cheap (P/E 25) without dividend support.
To see Spark’s full report on GB:FCH stock, click here.
More about Funding Circle Holdings
Funding Circle Holdings is a financial technology company focused on providing loans to small and medium-sized enterprises through its online lending platform. Listed on the London Stock Exchange, the group targets business borrowers while offering investors access to SME credit as an asset class.
Average Trading Volume: 784,933
Technical Sentiment Signal: Buy
Current Market Cap: £413.4M
Find detailed analytics on FCH stock on TipRanks’ Stock Analysis page.