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Henry Boot PLC Director Sells Significant Shareholding

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Henry Boot PLC Director Sells Significant Shareholding

Meet Your ETF AI Analyst

Henry Boot ( (GB:BOOT) ) has provided an update.

Henry Boot PLC announced that Jonathan James Sykes, a Non-executive Director, sold 150,000 non-beneficial Ordinary Shares at 221 pence each, totaling £331,500. This transaction affects Sykes’s total shareholding, which now includes 20,012,155 Ordinary Shares and 6,843 Preference Shares, held in various capacities including as a trustee for the Reis family trusts.

The most recent analyst rating on (GB:BOOT) stock is a Hold with a £233.00 price target. To see the full list of analyst forecasts on Henry Boot stock, see the GB:BOOT Stock Forecast page.

Spark’s Take on GB:BOOT Stock

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

Henry Boot’s overall stock score reflects a stable financial foundation with effective equity utilization and manageable leverage. The valuation is attractive, supported by a reasonable P/E ratio and a solid dividend yield. However, technical analysis indicates a lack of strong momentum, and challenges in revenue and profit growth present potential risks. Improvements in cash flow management are noted, but historical volatility requires cautious monitoring.

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

More about Henry Boot

Henry Boot PLC operates in the construction and property development industry, focusing on land development, property investment, and construction services. The company is known for its strategic market positioning in the UK, offering a range of services from land acquisition to construction and property management.

Average Trading Volume: 96,732

Technical Sentiment Signal: Buy

Current Market Cap: £295.6M

For detailed information about BOOT stock, go to TipRanks’ Stock Analysis page.

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