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The latest update is out from Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ).
Baillie Gifford European Growth Trust plc, a company involved in the acquisition and disposal of its own shares, has announced the purchase of 140,000 Ordinary Shares at a price of 108.50p, which will be held in Treasury. This transaction adjusts the total shares in issue to 311,262,867, a figure that shareholders can use to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:BGEU) stock is a Hold with a £116.00 price target. To see the full list of analyst forecasts on Baillie Gifford European Growth Trust PLC GBP stock, see the GB:BGEU Stock Forecast page.
Spark’s Take on GB:BGEU Stock
According to Spark, TipRanks’ AI Analyst, GB:BGEU is a Neutral.
The overall stock score of 66 reflects strong financial performance improvements and positive technical indicators. However, the negative P/E ratio and low dividend yield weigh down the valuation score, indicating potential risks in profitability and income generation.
To see Spark’s full report on GB:BGEU stock, click here.
More about Baillie Gifford European Growth Trust PLC GBP
Average Trading Volume: 674,654
Technical Sentiment Signal: Buy
Learn more about BGEU stock on TipRanks’ Stock Analysis page.