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Foresight Group Holdings Ltd. ( (GB:FSG) ) has issued an update.
Foresight Group Holdings Limited has announced the purchase of 8,730 of its ordinary shares as part of a new share buyback program, with the shares to be held in treasury and thus non-voting. Additionally, 1,000,000 shares were transferred out of treasury to meet institutional demand, impacting the total number of voting shares available, which may affect shareholder calculations under FCA rules.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £516.00 price target. To see the full list of analyst forecasts on Foresight Group Holdings Ltd. stock, see the GB:FSG Stock Forecast page.
Spark’s Take on GB:FSG Stock
According to Spark, TipRanks’ AI Analyst, GB:FSG is a Outperform.
Foresight Group Holdings Ltd. scores well due to its strong financial performance and strategic corporate actions like share buybacks. Technical indicators show positive momentum, although valuation metrics suggest the stock is fairly priced. The absence of recent earnings call data limits further insights.
To see Spark’s full report on GB:FSG stock, click here.
More about Foresight Group Holdings Ltd.
Foresight Group Holdings Limited is a leading investment manager specializing in real assets and growth capital, operating across the UK, Europe, and Australia. The company focuses on investment opportunities that drive energy transition, industry decarbonization, and nature recovery, while supporting ambitious companies. As a constituent of the FTSE 250 index, Foresight combines financial and operational expertise to maximize asset value and deliver attractive returns through a diverse range of private and public funds.
Average Trading Volume: 254,243
Technical Sentiment Signal: Buy
Current Market Cap: £518.9M
Learn more about FSG stock on TipRanks’ Stock Analysis page.