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Wickes Group ( (GB:WIX) ) has shared an announcement.
Wickes Group PLC has announced the purchase of 70,102 of its own ordinary shares as part of its ongoing buyback program, with the intention to cancel these shares. This transaction will adjust the company’s issued share capital to 234,549,704 shares, impacting the total number of voting rights and potentially affecting shareholder interests and market positioning.
The most recent analyst rating on (GB:WIX) stock is a Buy with a £275.00 price target. To see the full list of analyst forecasts on Wickes Group stock, see the GB:WIX Stock Forecast page.
Spark’s Take on GB:WIX Stock
According to Spark, TipRanks’ AI Analyst, GB:WIX is a Neutral.
Wickes Group’s overall stock score reflects moderate financial health with strong cash flow but challenges in revenue growth and high leverage. Technical indicators suggest potential resistance and bearish momentum, while valuation metrics indicate fair value with an attractive dividend yield. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:WIX stock, click here.
More about Wickes Group
Wickes Group PLC operates in the home improvement retail industry, offering a range of products and services for home renovation and maintenance. The company focuses on providing building materials, tools, and home improvement solutions to both DIY enthusiasts and professional tradespeople.
Average Trading Volume: 544,009
Technical Sentiment Signal: Buy
Current Market Cap: £485.8M
See more data about WIX stock on TipRanks’ Stock Analysis page.