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The latest update is out from Harworth ( (GB:HWG) ).
Harworth Group plc has issued 14,528 new ordinary shares at a nominal price of 10 pence each as part of its 2019 Share Incentive Plan, increasing its total shares in issue to 325,801,638. This issuance is part of Harworth’s strategy to reward eligible employees and strengthen its market position, providing stakeholders with updated figures for shareholding calculations.
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, 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 remediated land for the I&L and Residential markets. Harworth aims to create sustainable places that support new homes, jobs, and communities.
Average Trading Volume: 271,217
Technical Sentiment Signal: Hold
Current Market Cap: £551.6M
For detailed information about HWG stock, go to TipRanks’ Stock Analysis page.