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The latest update is out from Staffline ( (GB:STAF) ).
Staffline Group PLC has completed a share buy-back, purchasing 128,121 ordinary shares for cancellation at an average price of 45.00p per share. This transaction reduces the total number of shares in issue to 123,787,507, impacting the company’s total voting rights and potentially affecting shareholder calculations regarding their interests.
The most recent analyst rating on (GB:STAF) stock is a Hold with a £49.00 price target. To see the full list of analyst forecasts on Staffline stock, see the GB:STAF Stock Forecast page.
Spark’s Take on GB:STAF Stock
According to Spark, TipRanks’ AI Analyst, GB:STAF is a Neutral.
Staffline’s stock score is driven by strong technical indicators and reasonable valuation, despite challenges in profitability and equity stability. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:STAF stock, click here.
More about Staffline
Staffline is one of the UK’s leading recruitment groups, operating through two divisions: Recruitment GB and Recruitment Ireland. Recruitment GB provides flexible blue-collar workers across various industries, while Recruitment Ireland offers end-to-end staffing solutions across multiple sectors in Ireland.
Average Trading Volume: 161,671
Technical Sentiment Signal: Hold
Current Market Cap: £52.19M
For a thorough assessment of STAF stock, go to TipRanks’ Stock Analysis page.