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Harworth ( (GB:HWG) ) has provided an announcement.
Harworth Group plc has issued 3,401 new ordinary shares at a nominal price of 10 pence each as part of its Save As You Earn Scheme. This issuance brings the total number of ordinary shares to 325,760,174, which shareholders can use as a denominator for calculating changes in their interest under the Financial Conduct Authority’s rules.
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 Outperform.
Harworth Group’s stock score is strong due to robust financial performance and attractive valuation metrics. Challenges in cash flow generation slightly offset these positives. Technical indicators portray a balanced outlook, reinforcing the stock’s potential attractiveness.
To see Spark’s full report on GB:HWG stock, click here.
More about Harworth
Harworth Group plc is a leading land and property regenerator specializing in sustainable developments. The company owns, develops, and manages a portfolio of over 15,000 acres of strategic land across more than 100 sites in the North of England and Midlands. Harworth focuses on transforming large, complex sites, particularly former industrial areas, into new industrial and logistics developments and serviced residential land to create sustainable communities.
Average Trading Volume: 286,382
Technical Sentiment Signal: Buy
Current Market Cap: £606.7M
For detailed information about HWG stock, go to TipRanks’ Stock Analysis page.