Harworth Group Expands Share Issuance Under Incentive Plan

An update from Harworth ( (GB:HWG) ) is now available.

Harworth Group plc has issued 10,070 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 325,873,292. This issuance reflects Harworth’s ongoing commitment to its employees and may influence shareholder calculations regarding their interests in the company under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HWG) stock is a Hold with a £178.00 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. The company’s valuation is attractive, supported by a reasonable P/E ratio and dividend yield. Positive corporate events further bolster confidence in its strategic direction. However, technical indicators suggest neutral momentum, and cash flow challenges present 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 focused 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: 320,181

Technical Sentiment Signal: Hold

Current Market Cap: £529M

For an in-depth examination of HWG stock, go to TipRanks’ Overview page.