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James Latham ( (GB:LTHM) ) has shared an announcement.
James Latham PLC has received planning consent to build a National Distribution Centre (NDC) in East Anglia, investing £6 million in land and £39 million in construction and fitting over two years. This strategic move aims to future-proof the supply chain, reduce reliance on third-party services, and improve market routes, ultimately enhancing product availability and operational efficiency.
The most recent analyst rating on (GB:LTHM) stock is a Hold with a £1204.00 price target. To see the full list of analyst forecasts on James Latham stock, see the GB:LTHM Stock Forecast page.
Spark’s Take on GB:LTHM Stock
According to Spark, TipRanks’ AI Analyst, GB:LTHM is a Neutral.
James Latham’s overall stock score is driven by a strong balance sheet and reasonable valuation. However, challenges in profitability and cash flow, along with mixed technical indicators, temper the outlook. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:LTHM stock, click here.
More about James Latham
James Latham PLC is a company operating in the timber and panel products industry, focusing on the supply and distribution of timber, panels, and related products. The company aims to enhance its market presence by improving its supply chain and expanding its product offerings.
Average Trading Volume: 9,755
Technical Sentiment Signal: Buy
Current Market Cap: £220.8M
For detailed information about LTHM stock, go to TipRanks’ Stock Analysis page.