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Staffline ( (GB:STAF) ) has provided an announcement.
Staffline Group PLC has executed a share buy-back, purchasing 25,330 ordinary shares at a consistent price of 40.00p each, as part of its ongoing strategy to manage its capital structure. This transaction reduces the total number of shares in issue to 126,038,325, impacting the company’s total voting rights and potentially influencing shareholder calculations regarding their interests in the company.
The most recent analyst rating on (GB:STAF) stock is a Hold with a £43.00 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 overall score is driven by its financial performance and valuation. The company shows positive revenue growth and cash flow improvements, but profitability challenges persist. Technical indicators suggest weak momentum, impacting the stock’s attractiveness. The valuation is reasonable, but the lack of a dividend yield may deter some investors.
To see Spark’s full report on GB:STAF stock, click here.
More about Staffline
Staffline Group PLC is a leading recruitment company in the UK, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB provides flexible blue-collar workers across various industries, while Recruitment Ireland offers comprehensive staffing solutions across multiple sectors in Ireland.
Average Trading Volume: 181,277
Technical Sentiment Signal: Buy
Current Market Cap: £48.19M
See more data about STAF stock on TipRanks’ Stock Analysis page.