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Baillie Gifford European Growth Trust PLC GBP ( (GB:BGEU) ) just unveiled an update.
Baillie Gifford European Growth Trust PLC has announced the purchase of 140,000 of its own ordinary shares at a price of 108.50p each, which will be held in Treasury. This transaction affects the total number of shares in issue, providing shareholders with a new denominator for calculating their interest in the company under FCA 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
Baillie Gifford European Growth Trust PLC is an investment company focused on European growth opportunities. It primarily deals in acquiring and managing a portfolio of European securities, aiming to deliver capital growth for its shareholders.
Average Trading Volume: 692,562
Technical Sentiment Signal: Buy
For a thorough assessment of BGEU stock, go to TipRanks’ Stock Analysis page.