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
Greencoat UK Wind ( (GB:UKW) ) has shared an update.
Greencoat UK Wind PLC has executed a share buyback program, purchasing 47,600 ordinary shares at a weighted average price of 100.53 pence per share. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding these shares in treasury, affecting the total number of shares in circulation.
The most recent analyst rating on (GB:UKW) stock is a Buy with a £145.00 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 in the renewable energy sector, primarily focusing on wind power generation. It is involved in the acquisition and management of wind farms across the United Kingdom, aiming to provide sustainable energy solutions.
Average Trading Volume: 4,774,828
Technical Sentiment Signal: Sell
See more insights into UKW stock on TipRanks’ Stock Analysis page.