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Inspecs Appoints Grant Thornton as New External Auditor

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Inspecs Appoints Grant Thornton as New External Auditor

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An update from Inspecs Group Plc ( (GB:SPEC) ) is now available.

Inspecs Group plc has appointed Grant Thornton UK LLP as its new external auditor following a review of its audit arrangements and a competitive tender process, with the firm to conduct the audit of the company’s financial statements for the year ending 31 December 2025. Ernst & Young LLP has resigned as auditor and has confirmed there are no circumstances related to its departure that need to be brought to shareholders’ attention, signalling a routine change in audit provider rather than one driven by disclosed governance or financial concerns.

The most recent analyst rating on (GB:SPEC) stock is a Hold with a £72.00 price target. To see the full list of analyst forecasts on Inspecs Group Plc stock, see the GB:SPEC Stock Forecast page.

Spark’s Take on GB:SPEC Stock

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

Inspecs Group Plc’s overall stock score is primarily influenced by its financial performance challenges, including declining revenues and negative profitability. Technical analysis provides a more positive outlook with bullish momentum, but valuation remains a concern due to the negative P/E ratio and lack of dividend yield. The absence of earnings call and corporate events data means these factors do not impact the score.

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

More about Inspecs Group Plc

Inspecs Group plc is a vertically integrated designer, manufacturer and distributor of eyewear solutions for the global market, producing a broad range of optical frames, sunglasses, safety eyewear and low vision aids. The company supplies both branded products, under licensed and proprietary labels, and OEM private-label ranges for major retail customers, serving global optical and non-optical retailers, distributors and independent opticians through a network spanning more than 80 countries and around 75,000 points of sale, with operations and manufacturing facilities across Europe, the US and Asia.

Average Trading Volume: 1,340,367

Technical Sentiment Signal: Buy

Current Market Cap: £73.2M

For a thorough assessment of SPEC stock, go to TipRanks’ Stock Analysis page.

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