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The latest update is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).
Foresight Group Holdings Limited has executed a share buyback program, purchasing 10,000 of its ordinary shares to be held in treasury, which will not have voting rights. This move is part of a larger buyback initiative, with 2,199,755 shares repurchased in total, affecting the number of voting shares and potentially influencing 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.
Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth, with operations across the UK, Europe, and Australia. The company focuses on investment opportunities that support the energy transition, decarbonization, nature recovery, and economic growth, offering a range of private and public funds and investment solutions for the retail market.
Average Trading Volume: 357,556
Technical Sentiment Signal: Buy
Current Market Cap: £518.8M
For an in-depth examination of FSG stock, go to TipRanks’ Overview page.