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FRP Advisory Group Plc ( (GB:FRP) ) has shared an update.
FRP Advisory Group Plc has announced the acquisition of Arc & Co Structured Finance Limited for £6.0 million, with additional considerations based on net assets and performance. Arc & Co, a financial advisory firm serving the real estate sector, will enhance FRP’s capabilities with the launch of a new service pillar, FRP Real Estate Advisory. This acquisition aligns with FRP’s strategy to expand its service offerings and market presence, marking its fifteenth acquisition since its IPO in 2020. The integration of Arc & Co is expected to be earnings accretive, contributing to FRP’s growth and strengthening its position in the real estate advisory sector.
The most recent analyst rating on (GB:FRP) stock is a Buy with a £163.00 price target. To see the full list of analyst forecasts on FRP Advisory Group Plc stock, see the GB:FRP Stock Forecast page.
Spark’s Take on GB:FRP Stock
According to Spark, TipRanks’ AI Analyst, GB:FRP is a Outperform.
FRP Advisory Group Plc’s overall stock score is driven by its strong financial performance, characterized by consistent revenue growth, profitability, and effective cash flow management. The technical analysis supports a positive outlook with bullish momentum. The valuation is fair, providing a reasonable return on investment. The absence of earnings call data and corporate events does not impact the score significantly.
To see Spark’s full report on GB:FRP stock, click here.
More about FRP Advisory Group Plc
FRP Advisory Group Plc is a leading national specialist business advisory firm established in 2010. It offers a range of advisory services including restructuring advisory, corporate finance, debt advisory, forensic services, and financial advisory to companies, lenders, investors, and other stakeholders.
Average Trading Volume: 1,127,939
Technical Sentiment Signal: Strong Buy
Current Market Cap: £350.1M
See more insights into FRP stock on TipRanks’ Stock Analysis page.