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Norcros ( (GB:NXR) ) has shared an announcement.
Norcros plc announced that its Chief Financial Officer, James Eyre, has exercised options under the company’s Deferred Bonus Plan, resulting in a net retention of 21,143 shares after settling tax obligations. This transaction increases Eyre’s total shareholding, potentially strengthening his alignment with company performance and signaling confidence in Norcros’s future prospects.
The most recent analyst rating on (GB:NXR) stock is a Buy with a £375.00 price target. To see the full list of analyst forecasts on Norcros stock, see the GB:NXR Stock Forecast page.
Spark’s Take on GB:NXR Stock
According to Spark, TipRanks’ AI Analyst, GB:NXR is a Neutral.
Norcros’s stock score is primarily supported by strong technical analysis, indicating bullish momentum, and positive corporate events that align with strategic growth objectives. However, financial performance challenges, particularly in profitability and valuation concerns, weigh on the overall score.
To see Spark’s full report on GB:NXR stock, click here.
More about Norcros
Norcros plc operates in the manufacturing industry, primarily focusing on producing and distributing bathroom and kitchen products, including tiles, showers, and taps. The company serves various markets, emphasizing quality and innovation in its product offerings.
Average Trading Volume: 250,329
Technical Sentiment Signal: Buy
Current Market Cap: £269.8M
See more data about NXR stock on TipRanks’ Stock Analysis page.