tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fevara plc Secures New Banking Facility to Boost Strategic Growth

Story Highlights
Fevara plc Secures New Banking Facility to Boost Strategic Growth

TipRanks Black Friday Sale

Carr’s Group plc ( (GB:FVA) ) has shared an update.

Fevara plc has completed a new Group banking facility with HSBC, which includes a £20 million Revolving Credit Facility and an additional £10 million of uncommitted facilities. This facility, valid for three years with potential extensions, will support Fevara’s strategic expansion into southern hemisphere markets, enhancing its growth in extensive grazing-based markets.

The most recent analyst rating on (GB:FVA) stock is a Hold with a £142.00 price target. To see the full list of analyst forecasts on Carr’s Group plc stock, see the GB:FVA Stock Forecast page.

Spark’s Take on GB:FVA Stock

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

Carr’s Group plc’s overall stock score is influenced primarily by its financial performance, which shows significant challenges in profitability and revenue generation. Technical analysis indicates a bearish trend, though some indicators suggest potential stabilization. Valuation is uncertain due to the lack of a P/E ratio, though the dividend yield offers some appeal. The absence of earnings call data and corporate events limits additional insights.

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

More about Carr’s Group plc

Fevara plc is an international specialist agriculture manufacturer that provides research-proven, value-added livestock supplements. The company’s mission is to enhance global food security through improved pasture grazing productivity, offering nutritional animal supplements like feed licks, blocks, bagged minerals, and boluses for various livestock. Fevara operates seven manufacturing sites in the UK, Germany, and the USA, serving over 20 countries with globally recognized brands such as SmartLic®, Crystalyx®, and Horslyx®.

Average Trading Volume: 43,955

Technical Sentiment Signal: Hold

Current Market Cap: £68.04M

For a thorough assessment of FVA stock, go to 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