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.
An update from Grafton ( (GB:GFTU) ) is now available.
Grafton Group plc has executed a share buyback transaction, purchasing 75,000 ordinary shares for cancellation on the London Stock Exchange as part of its GBP25 million share buyback program. This move is part of a broader strategy to enhance shareholder value, with the company having repurchased over 1.1 million shares since the program’s initiation earlier this month.
The most recent analyst rating on (GB:GFTU) stock is a Buy with a £1022.00 price target. To see the full list of analyst forecasts on Grafton stock, see the GB:GFTU Stock Forecast page.
Spark’s Take on GB:GFTU Stock
According to Spark, TipRanks’ AI Analyst, GB:GFTU is a Outperform.
Grafton’s overall stock score is driven by solid financial performance and positive earnings call highlights, including profit growth and strong capital returns. The valuation is attractive with a reasonable P/E ratio and high dividend yield. Technical analysis indicates a neutral trend, with no significant momentum. Challenges in specific markets like Finland and the UK are noted but do not overshadow the positive aspects.
To see Spark’s full report on GB:GFTU stock, click here.
More about Grafton
Average Trading Volume: 392,274
Technical Sentiment Signal: Buy
Current Market Cap: £1.73B
For a thorough assessment of GFTU stock, go to TipRanks’ Stock Analysis page.