Science Group Sells Ricardo Stake, Boosts Share Buy-Back

Science ( (GB:SAG) ) just unveiled an update.

Science Group PLC has announced the sale of its entire holding in Ricardo plc, resulting in a net return of approximately £23.7 million after brokerage fees and related costs. The company plans to use the proceeds to increase its share buy-back authorization, managed by Panmure Liberum Limited, and anticipates releasing its interim results for the period ending 30 June 2025 by the end of July.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £620.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on GB:SAG Stock

According to Spark, TipRanks’ AI Analyst, GB:SAG is a Outperform.

The overall stock score is driven by strong financial performance and positive corporate events. However, technical analysis indicates potential risks with an overbought RSI, and valuation metrics suggest the stock is fairly priced. Risks related to the performance of Ricardo, a significant investment, should be monitored.

To see Spark’s full report on GB:SAG stock, click here.

More about Science

Science Group PLC operates within the technology and consultancy industry, focusing on providing scientific and engineering solutions. The company engages in various market sectors, offering services and products that cater to both commercial and industrial clients.

Average Trading Volume: 30,047

Technical Sentiment Signal: Buy

Current Market Cap: £227M

For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.