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Helios Towers Announces Strategic Board Appointment

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Helios Towers Announces Strategic Board Appointment

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Helios Towers ( (GB:HTWS) ) has issued an update.

Helios Towers announced the appointment of Alison Baker, its Senior Independent Non-Executive Director, as a Non-Executive Director of Central Asia Metals plc, which is traded on the AIM market of the London Stock Exchange. This strategic appointment may enhance Helios Towers’ industry positioning by leveraging Baker’s expertise and connections, potentially benefiting stakeholders through strengthened governance and expanded influence.

The most recent analyst rating on (GB:HTWS) stock is a Buy with a £255.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.

Spark’s Take on GB:HTWS Stock

According to Spark, TipRanks’ AI Analyst, GB:HTWS is a Neutral.

The overall stock score of 49.1 is primarily influenced by the company’s high financial risk due to leverage and bearish technical indicators. Despite strong earnings call results and positive corporate events, the stock’s high valuation and bearish technical signals limit its attractiveness.

To see Spark’s full report on GB:HTWS stock, click here.

More about Helios Towers

Helios Towers is a leading independent telecommunications infrastructure company with a significant presence in Africa and the Middle East. It builds, owns, and operates telecom passive infrastructure, providing services to mobile network operators through over 14,000 tower sites across nine countries. The company pioneered a model in Africa of acquiring towers from single operators and offering services to multiple operators, allowing wireless providers to outsource non-core tower activities.

Average Trading Volume: 1,987,124

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.3B

See more insights into HTWS stock on TipRanks’ Stock Analysis page.

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