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Cordel Group strengthens board with appointment of US rail veteran Jeffrey Songer

Story Highlights
  • Cordel Group appoints seasoned US rail executive Jeffrey Songer as non-executive director.
  • Songer’s extensive rail and technology experience is expected to bolster Cordel’s strategy and global industry links.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cordel Group strengthens board with appointment of US rail veteran Jeffrey Songer

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Cordel Group PLC ( (GB:CRDL) ) has provided an announcement.

Cordel Group PLC has appointed veteran US rail executive Jeffrey Songer as a non-executive director, strengthening its board with more than three decades of experience in operations, engineering and finance across the North American rail sector. Songer, who previously led merger and integration activities for Kansas City Southern Railway following its $31 billion acquisition by Canadian Pacific Railway and has deep expertise in Positive Train Control systems and major railroad procurement, is expected to enhance Cordel’s operational and strategic planning and support the company’s efforts to raise its profile and build relationships with senior leaders in the global rail industry.

The most recent analyst rating on (GB:CRDL) stock is a Hold with a £6.00 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 overall stock score is primarily influenced by its strong revenue growth, which is overshadowed by significant profitability and cash flow challenges. The technical analysis indicates a bearish trend, and the valuation is weak due to negative earnings and lack of dividends. The absence of earnings call data and corporate events leaves these areas unaddressed.

To see Spark’s full report on GB:CRDL stock, click here.

More about Cordel Group PLC

Cordel Group PLC is an AIM-listed technology company that provides an artificial intelligence platform and specialist hardware and software for capturing, analysing and reporting on large datasets in the transport sector, with a particular focus on transport corridor analytics for the global rail industry.

Average Trading Volume: 108,232

Technical Sentiment Signal: Strong Sell

Current Market Cap: £13.56M

For an in-depth examination of CRDL stock, go to TipRanks’ Overview page.

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