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IP Group plc ( (GB:IPO) ) has issued an announcement.
IP Group plc has announced its month-end disclosure regarding voting rights and capital. As of the announcement date, the company has 903,854,079 shares in issue, with no shares held in treasury, resulting in a total of 903,854,079 voting rights. This disclosure is significant for shareholders as it informs them of their obligations under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:IPO) stock is a Buy with a £126.00 price target. To see the full list of analyst forecasts on IP Group plc stock, see the GB:IPO Stock Forecast page.
Spark’s Take on GB:IPO Stock
According to Spark, TipRanks’ AI Analyst, GB:IPO is a Neutral.
IP Group plc’s stock score is primarily constrained by weak financial performance, characterized by persistent losses and negative cash flows, impacting profitability and stability. Technical analysis provides some short-term support, but the long-term outlook remains bearish. Valuation metrics are unattractive due to negative earnings, although the share buyback program offers a positive element, reflecting management’s proactive approach to enhancing shareholder value.
To see Spark’s full report on GB:IPO stock, click here.
More about IP Group plc
Average Trading Volume: 3,255,826
Technical Sentiment Signal: Hold
Current Market Cap: £543.4M
Learn more about IPO stock on TipRanks’ Stock Analysis page.