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FW Thorpe Plc Announces Share Transfers by Non-Executive Director

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FW Thorpe Plc Announces Share Transfers by Non-Executive Director

TipRanks Black Friday Sale

An update from FW Thorpe Plc ( (GB:TFW) ) is now available.

FW Thorpe Plc announced that Ian Thorpe, a Non-Executive Director, and his closely associated persons have transferred a total of 5,000,000 ordinary shares into trust. Despite these transactions, Ian Thorpe’s interest in the company remains unchanged at 21.1% of the issued ordinary shares, indicating a strategic move rather than a change in ownership stake.

The most recent analyst rating on (GB:TFW) stock is a Buy with a £377.00 price target. To see the full list of analyst forecasts on FW Thorpe Plc stock, see the GB:TFW Stock Forecast page.

Spark’s Take on GB:TFW Stock

According to Spark, TipRanks’ AI Analyst, GB:TFW is a Outperform.

FW Thorpe Plc’s overall stock score is driven primarily by its strong financial performance, characterized by robust profitability and a healthy balance sheet. Technical analysis shows bullish trends, though caution is advised due to overbought signals. Valuation is fair but not overly attractive due to a modest dividend yield.

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

More about FW Thorpe Plc

FW Thorpe Plc operates in the lighting industry, focusing on the design, manufacture, and supply of professional lighting systems. The company is known for its innovative lighting solutions that cater to various market segments, including commercial, industrial, and healthcare sectors.

Average Trading Volume: 83,987

Technical Sentiment Signal: Sell

Current Market Cap: £324.6M

Learn more about TFW stock on TipRanks’ Stock Analysis page.

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