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The latest update is out from Harworth ( (GB:HWG) ).
Harworth Group plc has issued 13,314 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 in issue to 325,773,488. This share issuance is part of Harworth’s strategy to incentivize employees and aligns with its ongoing efforts to enhance stakeholder value through sustainable land regeneration projects.
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 former industrial sites into new industrial and logistics developments and serviced residential land, aiming to create sustainable communities that support new homes and jobs.
Average Trading Volume: 287,935
Technical Sentiment Signal: Buy
Current Market Cap: £610M
See more insights into HWG stock on TipRanks’ Stock Analysis page.