tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Croma Security Solutions Announces Board Change Amid Expansion

Story Highlights
  • Croma Security Solutions’ Non-Executive Director Steve Naylor will step down in December 2025.
  • Croma is expanding its national security network by acquiring local locksmith businesses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Croma Security Solutions Announces Board Change Amid Expansion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Croma Security Solutions ( (GB:CSSG) ) has issued an update.

Croma Security Solutions Group PLC announced a board change with Non-Executive Director Steve Naylor deciding not to seek re-election and stepping down at the upcoming AGM in December 2025. This change comes as Croma continues to focus on expanding its national security network, having sold its man-guarding business in 2023 to fund further acquisitions, strengthening its position in the security solutions industry.

The most recent analyst rating on (GB:CSSG) stock is a Hold with a £88.00 price target. To see the full list of analyst forecasts on Croma Security Solutions stock, see the GB:CSSG Stock Forecast page.

Spark’s Take on GB:CSSG Stock

According to Spark, TipRanks’ AI Analyst, GB:CSSG is a Neutral.

Croma Security Solutions exhibits a solid financial foundation with strategic expansion plans and a strong cash position. However, technical indicators suggest bearish momentum, which could pose short-term challenges. The stock’s valuation is attractive due to a high dividend yield and reasonable P/E ratio, but the sustainability of such a yield should be verified.

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

More about Croma Security Solutions

Croma Security Solutions is a technology-led security solutions provider with over 50 years of experience, offering services in locksmith, fire, and security for both domestic and commercial environments. The company operates 17 security centers across the UK, serving sectors such as health, education, leisure, and utilities, and is trusted by national brands including NHS Trusts. Croma’s growth strategy involves expanding its national security network by acquiring local locksmith businesses, which are integrated into its modern security centers.

Average Trading Volume: 17,416

Technical Sentiment Signal: Buy

Current Market Cap: £10.6M

Find detailed analytics on CSSG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1