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An announcement from GlobalData ( (GB:DATA) ) is now available.
GlobalData PLC announced a transaction involving the sale of ordinary shares by Peter Harkness, a non-executive director, as part of the company’s tender offer process. The transaction, which involved 9,506 shares at a price of £1.50 each, was conducted on the London Stock Exchange and is part of the company’s regulatory compliance with market transparency rules.
The most recent analyst rating on (GB:DATA) stock is a Hold with a £148.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.
Spark’s Take on GB:DATA Stock
According to Spark, TipRanks’ AI Analyst, GB:DATA is a Neutral.
GlobalData’s stock score is primarily influenced by its solid financial performance, particularly in revenue growth and debt management. However, technical indicators suggest potential short-term weakness, and the high P/E ratio indicates overvaluation concerns. The absence of earnings call insights and corporate events limits additional context.
To see Spark’s full report on GB:DATA stock, click here.
More about GlobalData
GlobalData PLC operates in the data analytics and consulting industry, providing insights and analysis across various sectors. The company focuses on delivering strategic intelligence to businesses, helping them make informed decisions.
Average Trading Volume: 1,845,101
Technical Sentiment Signal: Sell
Current Market Cap: £1.02B
Learn more about DATA stock on TipRanks’ Stock Analysis page.