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Gooch & Housego ( (GB:GHH) ) has provided an update.
Gooch & Housego PLC has appointed James Corte as its new Chief Financial Officer and Executive Director. Corte brings extensive experience from his previous roles in the defence, industrial, and telecoms sectors, having held significant financial positions at Meggitt and EP UK Investments Ltd. His expertise in overseeing international operations and driving operational improvements is expected to support Gooch & Housego’s strategic objectives and strengthen its market position.
The most recent analyst rating on (GB:GHH) stock is a Hold with a £638.00 price target. To see the full list of analyst forecasts on Gooch & Housego stock, see the GB:GHH Stock Forecast page.
Spark’s Take on GB:GHH Stock
According to Spark, TipRanks’ AI Analyst, GB:GHH is a Neutral.
Gooch & Housego’s stock is supported by strong technical momentum and improving financial performance, particularly in profitability. However, valuation concerns and liquidity risks due to increased debt and declining free cash flow growth temper the overall score.
To see Spark’s full report on GB:GHH stock, click here.
More about Gooch & Housego
Gooch & Housego is a photonics technology business headquartered in Ilminster, Somerset, UK, with operations in the USA and Europe. The company is a world leader in researching, designing, engineering, and manufacturing advanced photonic systems, components, and instrumentation for applications in the Aerospace & Defence, Industrial, Life Sciences, and Scientific Research sectors.
Average Trading Volume: 60,266
Technical Sentiment Signal: Buy
Current Market Cap: £159.4M
See more data about GHH stock on TipRanks’ Stock Analysis page.