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Knights Group Holdings Plc ( (GB:KGH) ) has provided an update.
Knights Group Holdings Plc has announced a change in its Nominated Adviser and Broker, transitioning from Numis Securities Limited to Deutsche Bank AG, London Branch. This change follows Deutsche Bank’s acquisition of Numis Securities’ parent company and is expected to streamline operations and potentially enhance the company’s market positioning.
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
Average Trading Volume: 180,516
Technical Sentiment Signal: Buy
Current Market Cap: £159.6M
Learn more about KGH stock on TipRanks’ Stock Analysis page.