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
IP Group plc ( (GB:IPO) ) has shared an update.
IP Group plc has announced its month-end disclosure of voting rights and capital, revealing that the company has 883,427,642 shares in issue with no shares held in treasury. This information is crucial for shareholders as it affects their calculations regarding their interest in the company’s share capital, in compliance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:IPO) stock is a Buy with a £103.00 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: 3,332,528
Technical Sentiment Signal: Buy
Current Market Cap: £570.7M
For a thorough assessment of IPO stock, go to TipRanks’ Stock Analysis page.