ISS Recommends Removal of Ricardo Chairman Amid Performance Concerns

Science ( (GB:SAG) ) has shared an announcement.

Science Group PLC has announced that ISS, an independent proxy agency, has recommended voting in favor of removing Ricardo plc’s Chairman, Mr. Mark Clare, due to the company’s ongoing poor performance and ineffective strategy implementation. Science Group supports this recommendation and encourages Ricardo shareholders to vote for the resolution at the upcoming General Meeting, highlighting concerns about Ricardo’s performance and its relative underperformance compared to peers.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £620.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on GB:SAG Stock

According to Spark, TipRanks’ AI Analyst, GB:SAG is a Outperform.

The overall stock score is driven primarily by strong financial performance and reasonable valuation. Technical indicators support a positive outlook, though the stock appears overbought. Corporate events present mixed signals, with notable governance concerns at Ricardo counterbalancing internal growth and stability.

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

More about Science

Average Trading Volume: 26,585

Technical Sentiment Signal: Strong Buy

Current Market Cap: £207.1M

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