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The latest update is out from Harworth ( (GB:HWG) ).
Harworth Group plc has issued 13,622 new ordinary shares at a nominal price of 10 pence each as part of its 2019 Share Incentive Plan, increasing the total number of shares to 325,787,110. This issuance allows shareholders to calculate their interests under the Financial Conduct Authority’s rules, potentially impacting their holdings and the company’s market positioning.
The most recent analyst rating on (GB:HWG) stock is a Buy with a £2.10 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 prominent land and property regenerator focusing on sustainable developments. The company owns, develops, and manages over 15,000 acres of strategic land across more than 100 sites in the North of England and Midlands. Harworth specializes in transforming large, complex sites, particularly former industrial areas, into new industrial and logistics developments and serviced residential land, supporting the creation of sustainable communities, homes, and jobs.
Average Trading Volume: 308,529
Technical Sentiment Signal: Strong Buy
Current Market Cap: £584M
See more data about HWG stock on TipRanks’ Stock Analysis page.