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Knights Group Holdings Expands with Acquisition of Birkett Long

Story Highlights
  • Knights has acquired Birkett Long LLP and IFA LLP, boosting its South East presence.
  • The acquisition supports Knights’ growth strategy, enhancing service offerings and client base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Knights Group Holdings Expands with Acquisition of Birkett Long

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Knights Group Holdings Plc ( (GB:KGH) ) has issued an announcement.

Knights Group Holdings Plc has successfully completed the acquisition of Birkett Long LLP and Birkett Long IFA LLP, enhancing its presence in the South East with expertise in areas such as landed estates, education, and residential property. This strategic acquisition aligns with Knights’ growth strategy, providing access to a high-quality team and client base, which will benefit from Knights’ broader service offerings and established platform.

The most recent analyst rating on (GB:KGH) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Knights Group Holdings Plc stock, see the GB:KGH Stock Forecast page.

Spark’s Take on GB:KGH Stock

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

Knights Group Holdings Plc is well-positioned for continued success, underpinned by strong financial performance, strategic acquisitions, and attractive valuation. The stock benefits from solid revenue growth, improving profitability, and strategic expansions in key markets. However, investors should be mindful of potential volatility indicated by technical indicators. Overall, the company presents a compelling investment opportunity with a balanced risk-reward profile.

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

More about Knights Group Holdings Plc

Knights Group Holdings Plc is a fast-growing legal and professional services business, ranked among the UK’s top 50 largest law firms by revenue. The company transitioned from a traditional partnership model to a corporate structure in 2012, enabling rapid growth. Knights specializes in Corporate and Commercial law and Private Wealth services, focusing on key UK markets outside London, operating from 30 offices across the country.

Average Trading Volume: 182,636

Technical Sentiment Signal: Buy

Current Market Cap: £147.6M

Find detailed analytics on KGH stock on TipRanks’ Stock Analysis page.

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