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FW Thorpe Plc ( (GB:TFW) ) has issued an announcement.
At the Annual General Meeting, FW Thorpe Plc reported stable results compared to the previous year, with notable improvements in orders for SchahlLED and better performance from UK companies. Despite challenges in revenue growth, the company remains in a strong position within the UK and EU lighting markets. The Board is committed to pursuing growth through innovation and strategic projects, anticipating these efforts will support profitable development.
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 product innovation and customer-facing activities across various sectors and territories. The company is involved in the development of lighting solutions and aims to enhance its market presence through synergy projects and shared procurement initiatives.
Average Trading Volume: 84,990
Technical Sentiment Signal: Sell
Current Market Cap: £339.5M
For an in-depth examination of TFW stock, go to TipRanks’ Overview page.