Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
The latest update is out from Greencoat UK Wind ( (GB:UKW) ).
Greencoat UK Wind PLC has announced a share buyback transaction, purchasing 964,912 ordinary shares at a weighted average price of 109.88 pence per share. This move is part of its ongoing share buyback program, and the repurchased shares will be held in treasury, impacting the total number of shares in circulation and potentially influencing shareholder interest calculations.
The most recent analyst rating on (GB:UKW) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Greencoat UK Wind stock, see the GB:UKW Stock Forecast page.
Spark’s Take on GB:UKW Stock
According to Spark, TipRanks’ AI Analyst, GB:UKW is a Neutral.
Greencoat UK Wind’s overall stock score is negatively impacted by significant revenue declines and profitability issues, which are the most critical factors. The stable balance sheet and positive cash flow provide some support, while recent share buybacks show strategic initiatives to enhance shareholder value. Nonetheless, bearish technical trends and a negative P/E ratio limit the stock’s attractiveness.
To see Spark’s full report on GB:UKW stock, click here.
More about Greencoat UK Wind
Greencoat UK Wind PLC is a company operating within the renewable energy sector, focusing primarily on wind power generation. It is involved in the acquisition and management of wind farms across the UK, positioning itself as a significant player in the sustainable energy market.
Average Trading Volume: 4,286,854
Technical Sentiment Signal: Sell
For detailed information about UKW stock, go to TipRanks’ Stock Analysis page.