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An announcement from Norcros ( (GB:NXR) ) is now available.
Norcros plc has announced the granting of new share options under its Approved Performance Share Plan (APSP) and Deferred Bonus Plan (DBP) to its executive directors. The APSP awards are contingent on achieving specific performance targets over a three-year period, focusing on earnings per share growth and total shareholder return. The DBP awards, representing part of the executive directors’ annual bonuses, will vest after three years, aligning with the company’s long-term incentive strategy.
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.
The overall stock score of 66 reflects a mixed outlook. Strong technical indicators and positive corporate events are significant strengths, providing confidence in growth prospects and market position. However, financial performance and valuation present challenges, with profitability and leverage concerns, alongside a high P/E ratio suggesting overvaluation.
To see Spark’s full report on GB:NXR stock, click here.
More about Norcros
Average Trading Volume: 248,993
Technical Sentiment Signal: Buy
Current Market Cap: £258.2M
See more insights into NXR stock on TipRanks’ Stock Analysis page.