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An update from Harworth ( (GB:HWG) ) is now available.
Harworth Group plc has issued 15,310 new ordinary shares at a nominal price of 10 pence each, in line with its 2019 Share Incentive Plan, increasing the total number of shares to 325,863,222. This issuance allows shareholders to calculate their interests under the Financial Conduct Authority’s rules, potentially impacting their stake notifications.
The most recent analyst rating on (GB:HWG) stock is a Hold with a £171.00 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, particularly in revenue growth and profitability, is a key strength. However, technical analysis indicates bearish momentum, which could pose short-term risks. The valuation is reasonable, offering some appeal to investors.
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, focusing on the Industrial & Logistics (I&L) and Residential sectors. The company manages a portfolio of over 15,000 acres across more than 100 sites in the North of England and Midlands, specializing in transforming large, complex sites into new I&L developments and serviced land for the I&L and Residential markets. Harworth aims to create sustainable places that support new homes, jobs, and communities.
Average Trading Volume: 263,561
Technical Sentiment Signal: Sell
Current Market Cap: £524.1M
For detailed information about HWG stock, go to TipRanks’ Stock Analysis page.