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NCC Group Sees Major Shareholding Shift as Richard Griffiths Increases Stake

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NCC Group Sees Major Shareholding Shift as Richard Griffiths Increases Stake

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NCC Group plc ( (GB:NCC) ) has issued an update.

NCC Group plc, a company involved in the cybersecurity and risk mitigation industry, has announced a significant change in its shareholder structure. Richard Griffiths has increased his voting rights in the company to 13.05% following an acquisition, indicating a potential shift in influence within the company’s governance. This development could impact NCC Group’s strategic decisions and stakeholder interests moving forward.

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

Average Trading Volume: 992,608

Technical Sentiment Signal: Sell

Current Market Cap: £461.1M

For an in-depth examination of NCC stock, go to TipRanks’ Overview page.

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