TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Young & Co’S Brewery ( (GB:YNGA) ) has provided an update.
Young & Co’s Brewery PLC announced the purchase and subsequent cancellation of 6,492 non-voting ordinary shares as part of its share buyback program. This move is expected to impact the company’s share structure by reducing the number of non-voting shares in circulation, potentially increasing the value of remaining shares and reflecting a strategic effort to optimize capital structure.
The most recent analyst rating on (GB:YNGA) stock is a Buy with a £1450.00 price target. To see the full list of analyst forecasts on Young & Co’S Brewery stock, see the GB:YNGA Stock Forecast page.
Spark’s Take on GB:YNGA Stock
According to Spark, TipRanks’ AI Analyst, GB:YNGA is a Neutral.
Young & Co’s Brewery’s overall stock score is primarily influenced by its strong financial performance, which is offset by bearish technical indicators and an unattractive valuation. The company’s robust revenue growth and stable financial health are significant strengths, but the high P/E ratio and current market momentum present risks.
To see Spark’s full report on GB:YNGA stock, click here.
More about Young & Co’S Brewery
Young & Co’s Brewery PLC is a company operating in the brewing industry, focusing on the production and distribution of beer and related products. The company is known for its traditional brewing methods and has a significant presence in the UK market.
Average Trading Volume: 49,945
Technical Sentiment Signal: Sell
Current Market Cap: £429M
For an in-depth examination of YNGA stock, go to TipRanks’ Overview page.