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Hancock & Gore Limited ( (AU:HNG) ) has provided an update.
Hancock & Gore Limited is undergoing a strategic repositioning by changing its name to Schoolblazer Limited, emphasizing its focus on the schoolwear market. The acquisition of Trutex is a key move in this transition, enabling the company to streamline its operations and target significant revenue and EBITDA growth by FY27. This shift is supported by the realization of $32 million in investment assets, which aids in deferred consideration payments, and the consolidation of financial accounts starting October 2025.
The most recent analyst rating on (AU:HNG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Hancock & Gore Limited stock, see the AU:HNG Stock Forecast page.
More about Hancock & Gore Limited
Hancock & Gore Limited, soon to be renamed Schoolblazer Limited, operates in the global schoolwear industry. The company focuses on school uniform operations through its subsidiaries Schoolblazer UK, Mountcastle, and the newly acquired Trutex.
Average Trading Volume: 319,184
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$130.2M
See more data about HNG stock on TipRanks’ Stock Analysis page.