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Funding Circle Holdings ( (GB:FCH) ) just unveiled an announcement.
Funding Circle Holdings plc, a company listed on the London Stock Exchange, has executed a buy-back of 62,717 of its own ordinary shares from Investec Bank plc. The shares were purchased at a volume-weighted average price of 116.7580p and will be held in treasury, increasing the company’s treasury shares to 1,275,582. This transaction is part of a previously announced buy-back program and affects the total voting rights in the company, which now stands at 303,465,994 ordinary shares.
The most recent analyst rating on (GB:FCH) stock is a Hold with a £133.00 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.
Funding Circle Holdings Limited’s overall score reflects strong earnings call results and moderate valuation, tempered by mixed financial performance and technical indicators. The positive outlook from the earnings call is a significant strength, but financial and technical challenges need addressing.
To see Spark’s full report on GB:FCH stock, click here.
More about Funding Circle Holdings
Average Trading Volume: 629,136
Technical Sentiment Signal: Buy
Current Market Cap: £352.7M
For a thorough assessment of FCH stock, go to TipRanks’ Stock Analysis page.