Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from FW Thorpe Plc ( (GB:TFW) ) is now available.
FW Thorpe Plc has executed a share buyback, purchasing 550,000 of its ordinary shares at 276.50 pence each, with the shares to be held in treasury. Following the transaction, the company’s issued share capital stands at 118,935,590 ordinary shares, of which 5,773,682 are held in treasury, leaving 113,161,908 voting rights in issue; this updated figure will be used by shareholders to assess whether they must disclose changes in their holdings under UK disclosure rules, and signals ongoing active capital management by the company.
The most recent analyst rating on (GB:TFW) stock is a Hold with a £299.00 price target. To see the full list of analyst forecasts on FW Thorpe Plc stock, see the GB:TFW Stock Forecast page.
Spark’s Take on GB:TFW Stock
According to Spark, TipRanks’ AI Analyst, GB:TFW is a Neutral.
FW Thorpe Plc’s overall stock score is driven by its strong financial performance, characterized by robust profitability and a solid balance sheet. However, technical indicators suggest a bearish trend, which weighs down the score. The valuation is reasonable, providing some support to the stock’s attractiveness.
To see Spark’s full report on GB:TFW stock, click here.
More about FW Thorpe Plc
FW Thorpe Plc is a group of companies that design, manufacture and supply professional lighting systems, serving commercial and specialist markets with high-performance lighting solutions.
Average Trading Volume: 109,837
Technical Sentiment Signal: Sell
Current Market Cap: £310.9M
For detailed information about TFW stock, go to TipRanks’ Stock Analysis page.