tiprankstipranks
Trending News
More News >

Galliford Try Announces Change in Voting Rights

Story Highlights
Galliford Try Announces Change in Voting Rights

Don’t Miss TipRanks’ Half-Year Sale

Galliford Try ( (GB:GFRD) ) has provided an update.

Galliford Try Holdings PLC has announced a change in the breakdown of voting rights, with Aberforth Partners LLP reducing its stake from 10.93% to 9.97%. This change in voting rights could impact the company’s governance dynamics and influence over strategic decisions, potentially affecting stakeholders’ interests.

The most recent analyst rating on (GB:GFRD) stock is a Buy with a £470.00 price target. To see the full list of analyst forecasts on Galliford Try stock, see the GB:GFRD Stock Forecast page.

Spark’s Take on GB:GFRD Stock

According to Spark, TipRanks’ AI Analyst, GB:GFRD is a Outperform.

Galliford Try’s overall score reflects its robust financial recovery and attractive valuation. The technical analysis shows positive momentum, although the stock might be nearing overbought levels. The recent share buyback enhances shareholder value and confidence in the company’s future.

To see Spark’s full report on GB:GFRD stock, click here.

More about Galliford Try

Galliford Try Holdings PLC is a UK-based construction company involved in building and infrastructure projects. It focuses on delivering construction services across various sectors, including education, health, and commercial projects.

Average Trading Volume: 149,492

Technical Sentiment Signal: Buy

Current Market Cap: £414.2M

See more data about GFRD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1