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The latest announcement is out from Funding Circle Holdings ( (GB:FCH) ).
Funding Circle has announced a £750 million renewal of its partnership with Waterfall Asset Management and BNP Paribas, bringing the total financing provided through its platform to over £3 billion. This renewal underscores the strength of Funding Circle’s platform and its ability to deliver attractive returns, further supporting its mission to provide vital funding to UK SMEs, a segment often underserved by traditional lenders.
The most recent analyst rating on (GB:FCH) stock is a Hold with a £132.00 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 stock score is driven by a mixed financial performance and bearish technical indicators. The positive earnings call highlights strong growth and customer satisfaction, but macroeconomic challenges and cash flow issues weigh on the score. The valuation is moderate, but the lack of a dividend yield may deter some investors.
To see Spark’s full report on GB:FCH stock, click here.
More about Funding Circle Holdings
Funding Circle is a leading finance platform in the UK, primarily focused on providing financial solutions to small and medium-sized enterprises (SMEs). The company leverages proprietary technology and robust credit assessment capabilities to extend credit and support SMEs through both commercial and government lending programs.
Average Trading Volume: 592,291
Technical Sentiment Signal: Buy
Current Market Cap: £352.2M
For an in-depth examination of FCH stock, go to TipRanks’ Overview page.