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Staffline ( (GB:STAF) ) has issued an update.
Staffline Group PLC has executed a share buy-back, purchasing 100,000 ordinary shares for cancellation, which reflects the company’s strategic financial management. This transaction, conducted on the London Stock Exchange, reduces the total number of shares in issue to 124,368,325, impacting the voting rights and shareholding calculations for stakeholders.
The most recent analyst rating on (GB:STAF) stock is a Hold with a £49.00 price target. To see the full list of analyst forecasts on Staffline stock, see the GB:STAF Stock Forecast page.
Spark’s Take on GB:STAF Stock
According to Spark, TipRanks’ AI Analyst, GB:STAF is a Neutral.
Staffline’s stock score is driven by strong technical indicators and reasonable valuation, despite challenges in profitability and equity stability. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:STAF stock, click here.
More about Staffline
Staffline is one of the UK’s leading recruitment groups, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB provides flexible blue-collar workers across various industries, while Recruitment Ireland offers comprehensive staffing solutions across public and private sectors in Ireland.
Average Trading Volume: 164,313
Technical Sentiment Signal: Hold
Current Market Cap: £52.63M
Find detailed analytics on STAF stock on TipRanks’ Stock Analysis page.