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An update from Wickes Group ( (GB:WIX) ) is now available.
Wickes Group PLC has announced the purchase of 19,175 of its own ordinary shares at prices ranging from 218.50p to 221.00p, as part of its ongoing share buyback program. This transaction brings the total number of shares repurchased under the program to 7,690,367. The company plans to cancel these shares, which will adjust its issued share capital to 234,375,932 shares, potentially impacting shareholder voting rights and interest notifications.
The most recent analyst rating on (GB:WIX) stock is a Buy with a £275.00 price target. To see the full list of analyst forecasts on Wickes Group stock, see the GB:WIX Stock Forecast page.
Spark’s Take on GB:WIX Stock
According to Spark, TipRanks’ AI Analyst, GB:WIX is a Neutral.
Wickes Group’s overall stock score reflects moderate financial health with strong cash flow but challenges in revenue growth and high leverage. Technical indicators suggest potential resistance and bearish momentum, while valuation metrics indicate fair value with an attractive dividend yield. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:WIX stock, click here.
More about Wickes Group
Average Trading Volume: 544,999
Technical Sentiment Signal: Buy
Current Market Cap: £482M
Learn more about WIX stock on TipRanks’ Stock Analysis page.