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The latest announcement is out from Croma Security Solutions ( (GB:CSSG) ).
Croma Security Solutions Group PLC announced that Jo Haigh has stepped down as Non-Executive Chair, effective immediately, with Roberto Fiorentino stepping in as Interim Chair. The company acknowledged her contributions to governance and operational improvements since her appointment in April 2023. This leadership change comes as Croma continues its growth strategy, having recently sold its man-guarding business to fund expansion and acquire new businesses, 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 locksmith, fire, and security services for both domestic and commercial environments. The company operates 17 security centers across the UK and serves sectors such as health, education, leisure, entertainment, and utilities. Croma focuses on expanding its national security network and has been acquiring local locksmith businesses to integrate into its modern security centers.
Average Trading Volume: 17,543
Technical Sentiment Signal: Hold
Current Market Cap: £10.26M
Learn more about CSSG stock on TipRanks’ Stock Analysis page.