Fintel Adds Peel Hunt as Joint Broker to Support Growth Plans

Fintel PLC ( (GB:FNTL) ) just unveiled an announcement.

Fintel plc has appointed Peel Hunt plc as Joint Broker, working alongside Zeus Capital, in a move aimed at underpinning the Group’s future accelerated growth in the UK retail financial services technology and services market. The change in broking line-up, which sees Investec step down from its role, signals a strategic effort by Fintel to align itself with a broker that has strong fintech and financial services expertise, potentially enhancing its capital markets profile and support for its growth ambitions.

The most recent analyst rating on (GB:FNTL) stock is a Hold with a £224.00 price target. To see the full list of analyst forecasts on Fintel PLC stock, see the GB:FNTL Stock Forecast page.

Spark’s Take on GB:FNTL Stock

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

Fintel PLC’s overall stock score is driven by its strong corporate events and strategic transformation, which are offset by bearish technical indicators and high valuation. While financial performance shows growth, declining profitability and cash flow metrics pose risks. The company’s strategic initiatives and market positioning offer potential for long-term value creation.

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

More about Fintel PLC

Fintel plc is a leading UK provider of software, data and support services to the retail financial services sector. Through its Software & Data and Services divisions, and brands including Defaqto, SimplyBiz and threesixty, it supplies technology and expert support to thousands of intermediary firms, data and distribution solutions to hundreds of financial institutions, and product ratings that help millions of consumers make informed financial decisions.

Average Trading Volume: 133,434

Technical Sentiment Signal: Sell

Current Market Cap: £220.9M

See more data about FNTL stock on TipRanks’ Stock Analysis page.