Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from Greencoat UK Wind ( (GB:UKW) ) is now available.
Greencoat UK Wind PLC announced the repurchase of 409,783 ordinary shares as part of its share buyback program, with prices ranging from 113.70 to 114.20 pence per share. This transaction, which results in the company holding over 80 million shares in treasury, is part of its strategy to manage capital and enhance shareholder value.
The most recent analyst rating on (GB:UKW) stock is a Buy with a £190.00 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. The company is engaged in the acquisition and management of wind farms across the UK, aiming to provide sustainable energy solutions and contribute to the country’s renewable energy targets.
Average Trading Volume: 4,434,726
Technical Sentiment Signal: Sell
See more insights into UKW stock on TipRanks’ Stock Analysis page.