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Light Science Technologies Secures Key Accreditation for Growth

Story Highlights
  • Light Science Technologies’ PFP division gains Building Safety Act 2022 Accreditation.
  • The accreditation enhances the company’s ability to address construction industry backlogs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Light Science Technologies Secures Key Accreditation for Growth

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Light Science Technologies Holdings plc ( (GB:LST) ) just unveiled an announcement.

Light Science Technologies Holdings plc’s Passive Fire Protection division has secured Building Safety Act 2022 Accreditation via Construction Online, enhancing its credentials in the construction sector. This achievement positions the company to address industry backlogs and capitalize on rising demand, with a strong growth pipeline and a proven track record in safety leadership and risk management.

The most recent analyst rating on (GB:LST) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Light Science Technologies Holdings plc stock, see the GB:LST Stock Forecast page.

Spark’s Take on GB:LST Stock

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

The overall stock score is driven by positive financial performance and technical analysis, indicating growth potential and moderate bullish momentum. However, the lack of profitability and valuation metrics, along with a reliance on debt, pose significant risks.

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

More about Light Science Technologies Holdings plc

Light Science Technologies Holdings plc operates through three divisions: Passive Fire Protection (PFP), AgTech (AGT), and Contract Electronics Manufacturing (CEM). The company designs, manufactures, and installs products and customized solutions across various sectors, including commercial horticulture, pest control, lighting, audio, gas detection, and fire protection. It focuses on addressing global challenges related to food security, climate change, and fire protection, with a commitment to developing robust solutions in these growing market sectors.

Average Trading Volume: 2,142,953

Technical Sentiment Signal: Buy

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

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