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The latest announcement is out from Harworth ( (GB:HWG) ).
Harworth Group plc has appointed Phil Redding as an independent Non-Executive Director, who will also join the Remuneration Committee. Redding brings extensive experience in the UK and European commercial real estate sector, particularly in the industrial and logistics sectors, having previously held senior roles at Tritax Eurobox plc and SEGRO plc. His expertise is expected to be instrumental in helping Harworth achieve its strategic growth targets, including increasing its portfolio’s focus on industrial and logistics developments to 85% by 2029.
The most recent analyst rating on (GB:HWG) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Harworth stock, see the GB:HWG Stock Forecast page.
Spark’s Take on GB:HWG Stock
According to Spark, TipRanks’ AI Analyst, GB:HWG is a Neutral.
Harworth’s strong financial performance and strategic corporate events are key strengths, contributing to a solid overall score. However, technical indicators suggest a lack of short-term momentum, and cash flow challenges highlight areas for improvement.
To see Spark’s full report on GB:HWG stock, click here.
More about Harworth
Harworth Group plc is a leading regeneration and strategic land owner and developer, managing a portfolio of over 15,000 acres across more than 100 sites in the North of England and Midlands. The company specializes in transforming large, complex sites, particularly former industrial areas, into new Industrial & Logistics developments and serviced Residential land, aiming to create sustainable communities that support new homes, jobs, and living spaces.
Average Trading Volume: 271,676
Technical Sentiment Signal: Buy
Current Market Cap: £564.6M
For a thorough assessment of HWG stock, go to TipRanks’ Stock Analysis page.