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Mulberry ( (GB:MUL) ) has shared an announcement.
Mulberry Group plc has announced a conditional retail offer of up to 1,259,610 new ordinary shares via RetailBook at an issue price of £0.975 per share. This offer is part of a broader strategy to raise funds for targeted investments aimed at accelerating future growth and meeting medium-term financial goals. The retail offer is available exclusively to existing shareholders, excluding those involved in a recent £20 million fundraising through convertible loan notes. The offer is contingent upon shareholder approval and the admission of new shares to trading on AIM. The initiative underscores Mulberry’s commitment to involving its shareholder base in its growth journey, with the retail offer set to close on 18 July 2025.
The most recent analyst rating on (GB:MUL) stock is a Hold with a £0.94 price target. To see the full list of analyst forecasts on Mulberry stock, see the GB:MUL Stock Forecast page.
Spark’s Take on GB:MUL Stock
According to Spark, TipRanks’ AI Analyst, GB:MUL is a Neutral.
Mulberry’s overall stock score reflects significant financial challenges, marked by declining profitability, high leverage, and constrained cash flow. The technical analysis indicates a weak momentum with potential bearish sentiment, and the valuation is unattractive due to negative earnings and lack of dividends. These factors collectively suggest a cautious outlook for the stock.
To see Spark’s full report on GB:MUL stock, click here.
More about Mulberry
Mulberry Group plc operates in the luxury fashion industry, primarily focusing on the design and production of high-end leather goods, including handbags and accessories. The company is known for its craftsmanship and British heritage, catering to a global market with a strong emphasis on quality and style.
Average Trading Volume: 4,312
Technical Sentiment Signal: Strong Sell
Current Market Cap: £68.3M
See more insights into MUL stock on TipRanks’ Stock Analysis page.