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Cordel Group PLC ( (GB:CRDL) ) has issued an update.
Cordel Group PLC has announced an expansion of its contract with a major Middle Eastern client, doubling the track mileage for data capture and analysis over the next six months. This project strengthens Cordel’s strategic partnership with D/Gauge, enhancing their ability to provide critical safety data for railway operators, and positions Cordel as a key player in the region’s digital inspection technology landscape.
The most recent analyst rating on (GB:CRDL) stock is a Hold with a £7.00 price target. To see the full list of analyst forecasts on Cordel Group PLC stock, see the GB:CRDL Stock Forecast page.
Spark’s Take on GB:CRDL Stock
According to Spark, TipRanks’ AI Analyst, GB:CRDL is a Neutral.
Cordel Group PLC’s score reflects solid corporate activities and potential for growth, tempered by ongoing financial challenges and weak valuation metrics. Positive corporate events, such as securing significant contracts and strategic product launches, are key strengths, while persistent operational inefficiencies and negative cash flows limit the score.
To see Spark’s full report on GB:CRDL stock, click here.
More about Cordel Group PLC
Cordel Group PLC specializes in producing hardware and software for the transport sector, focusing on capturing, analyzing, and reporting large datasets using advanced artificial intelligence algorithms.
Average Trading Volume: 203,168
Technical Sentiment Signal: Buy
Current Market Cap: £14.86M
Find detailed analytics on CRDL stock on TipRanks’ Stock Analysis page.