TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Funding Circle Holdings ( (GB:FCH) ).
Funding Circle Holdings plc announced the purchase of 41,972 of its own ordinary shares on the London Stock Exchange as part of its share buy-back program. This transaction, executed at an average price of 120.1618p per share, reflects the company’s strategy to manage its capital structure effectively. The acquired shares will be held in treasury, impacting the total voting rights and share capital structure, which may influence shareholder decisions under regulatory guidelines.
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
Funding Circle Holdings plc operates in the financial services industry, primarily focusing on providing loans to small and medium-sized enterprises (SMEs). The company leverages technology to connect borrowers with investors, facilitating business growth and economic development.
Average Trading Volume: 655,586
Technical Sentiment Signal: Buy
Current Market Cap: £361M
For detailed information about FCH stock, go to TipRanks’ Stock Analysis page.