TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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
The latest update is out from Staffline ( (GB:STAF) ).
Staffline Group PLC has executed a share buy-back, purchasing 25,000 ordinary shares at a consistent price of 45.00p per share, as part of its ongoing strategy to manage its capital structure. This transaction, conducted through Panmure Liberum Limited, reduces the total number of shares in issue to 123,965,628, impacting the total voting rights and potentially influencing shareholder interest notifications under regulatory guidelines.
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 with two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB provides flexible blue-collar workers across various industries such as supermarkets, logistics, and manufacturing, supplying around 35,000 staff daily. Recruitment Ireland offers end-to-end staffing solutions across multiple sectors, supplying approximately 4,500 staff daily throughout Ireland.
Average Trading Volume: 163,852
Technical Sentiment Signal: Hold
Current Market Cap: £52.5M
For detailed information about STAF stock, go to TipRanks’ Stock Analysis page.