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IP Group plc ( (GB:IPO) ) has issued an update.
IP Group plc has announced its month-end disclosure regarding voting rights and capital, stating that it has 910,472,268 shares in issue with no shares held in treasury. This information is crucial for shareholders to assess their interests in the company’s share capital, as per the Financial Conduct Authority’s 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
IP Group plc operates in the financial sector, focusing on intellectual property commercialization. The company is involved in developing and supporting businesses based on scientific innovation and research, primarily targeting technology and life sciences industries.
Average Trading Volume: 2,954,781
Technical Sentiment Signal: Hold
Current Market Cap: £510.5M
See more data about IPO stock on TipRanks’ Stock Analysis page.