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The latest update is out from Treatt plc ( (GB:TET) ).
Treatt PLC has announced the purchase of 138,528 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Peel Hunt LLP, is intended to hold the purchased shares in treasury, impacting the company’s total voting rights and potentially affecting shareholder calculations under FCA rules.
The most recent analyst rating on (GB:TET) stock is a Buy with a £650.00 price target. To see the full list of analyst forecasts on Treatt plc stock, see the GB:TET Stock Forecast page.
Spark’s Take on GB:TET Stock
According to Spark, TipRanks’ AI Analyst, GB:TET is a Outperform.
The overall stock score for Treatt plc is influenced primarily by its strong financial performance and fair valuation metrics. The financial stability and low leverage provide a solid foundation, but the mixed technical indicators and a lack of recent earnings call data limit the score’s upward potential.
To see Spark’s full report on GB:TET stock, click here.
More about Treatt plc
Average Trading Volume: 420,417
Technical Sentiment Signal: Sell
Current Market Cap: £165.3M
See more insights into TET stock on TipRanks’ Stock Analysis page.
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