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NCC Group Explores Strategic Options for Escode and Cyber Business

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NCC Group Explores Strategic Options for Escode and Cyber Business

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NCC Group plc ( (GB:NCC) ) has provided an announcement.

NCC Group plc has announced that it is exploring strategic options for its Escode business, including a potential sale. The company is also in the early stages of reviewing strategic options for its Cyber business, which could include offers for the entire share capital of the company. However, no decisions have been made, and there are no current discussions with potential offerors.

The most recent analyst rating on (GB:NCC) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on NCC Group plc stock, see the GB:NCC Stock Forecast page.

Spark’s Take on GB:NCC Stock

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

The overall score is influenced by strong corporate events that reflect strategic growth initiatives and management confidence. However, financial performance and valuation concerns, along with bearish technical indicators, weigh down the stock’s attractiveness.

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

More about NCC Group plc

NCC Group plc operates in the cybersecurity industry, providing services and solutions to protect businesses from cyber threats. The company focuses on ensuring the safety and integrity of its clients’ digital assets, offering a range of cybersecurity services.

Average Trading Volume: 1,060,061

Technical Sentiment Signal: Sell

Current Market Cap: £451M

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

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