Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
FW Thorpe Plc ( (GB:TFW) ) has provided an announcement.
FW Thorpe Plc announced the purchase of 500,000 of its ordinary shares at a price of 300.0 pence per share, which will be held in treasury. This transaction affects the company’s total issued share capital and voting rights, with implications for shareholders regarding their interest notifications under the DTRs.
The most recent analyst rating on (GB:TFW) stock is a Buy with a £377.00 price target. To see the full list of analyst forecasts on FW Thorpe Plc stock, see the GB:TFW Stock Forecast page.
Spark’s Take on GB:TFW Stock
According to Spark, TipRanks’ AI Analyst, GB:TFW is a Outperform.
FW Thorpe Plc’s overall stock score is driven primarily by its strong financial performance, characterized by robust profitability and a healthy balance sheet. Technical analysis shows bullish trends, though caution is advised due to overbought signals. Valuation is fair but not overly attractive due to a modest dividend yield.
To see Spark’s full report on GB:TFW stock, click here.
More about FW Thorpe Plc
FW Thorpe Plc is a group of companies specializing in the design, manufacture, and supply of professional lighting systems.
Average Trading Volume: 51,429
Technical Sentiment Signal: Sell
Current Market Cap: £343M
For a thorough assessment of TFW stock, go to TipRanks’ Stock Analysis page.