Young & Co.’s Brewery Executes Share Buyback

The latest announcement is out from Young & Co’S Brewery ( (GB:YNGN) ).

Young & Co.’s Brewery, P.L.C. announced the purchase of its own non-voting ordinary shares as part of a share buyback programme. The transaction, conducted through Peel Hunt LLP on the London Stock Exchange, involved the acquisition of 7,961 shares at a volume-weighted average price of 596.83 pence. This move is set to reduce the number of non-voting shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s strategy to optimize its capital structure.

The most recent analyst rating on (GB:YNGN) stock is a Hold with a £648.00 price target. To see the full list of analyst forecasts on Young & Co’S Brewery stock, see the GB:YNGN Stock Forecast page.

Spark’s Take on GB:YNGN Stock

According to Spark, TipRanks’ AI Analyst, GB:YNGN is a Neutral.

Young & Co’s Brewery demonstrates strong financial performance with robust revenue growth and efficient operations, which are the most significant factors in the overall score. Technical analysis and valuation present a more moderate outlook, with the stock appearing slightly overvalued but offering a decent dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

To see Spark’s full report on GB:YNGN stock, click here.

More about Young & Co’S Brewery

Young & Co.’s Brewery, P.L.C. operates in the brewing industry, focusing on the production and sale of beer. The company is known for its range of ales and operates pubs across the UK, catering to a diverse market of beer enthusiasts.

Average Trading Volume: 45,046

Technical Sentiment Signal: Sell

Current Market Cap: £422.2M

For a thorough assessment of YNGN stock, go to TipRanks’ Stock Analysis page.