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Inspired Energy ( (GB:INSE) ) has provided an announcement.
Inspired PLC has announced its intention to cancel the admission of its shares to trading on AIM, following the unconditional offer by Bidco. This move is expected to significantly reduce the liquidity and marketability of Inspired shares, impacting shareholders who have not accepted the offer. After the cancellation, Inspired will be re-registered as a private company, and shareholders may face challenges in selling their shares. The offer remains open for acceptance, but shareholders are encouraged to act promptly to avoid becoming minority shareholders in a privately controlled company.
The most recent analyst rating on (GB:INSE) stock is a Buy with a £91.00 price target. To see the full list of analyst forecasts on Inspired Energy stock, see the GB:INSE Stock Forecast page.
Spark’s Take on GB:INSE Stock
According to Spark, TipRanks’ AI Analyst, GB:INSE is a Outperform.
The overall score of 77 reflects strong corporate events and valuation, with a significant acquisition offer providing a premium to shareholders. Financial performance shows recovery and stability, while technical analysis indicates positive momentum. The absence of earnings call data limits insights into future guidance.
To see Spark’s full report on GB:INSE stock, click here.
More about Inspired Energy
Inspired PLC operates in the energy sector, focusing on providing energy consultancy services and solutions to businesses. The company is known for its expertise in energy procurement, utility cost optimization, and sustainability strategies, primarily targeting corporate clients seeking to manage their energy consumption and costs effectively.
Average Trading Volume: 628,243
Technical Sentiment Signal: Hold
Current Market Cap: £132.9M
For a thorough assessment of INSE stock, go to TipRanks’ Stock Analysis page.