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An announcement from Ondo InsurTech Plc ( (GB:ONDO) ) is now available.
Ondo InsurTech plc, a specialist in home insurance claims prevention technology, has appointed Singer Capital Markets as joint corporate broker, working alongside existing broker Dowgate Capital with immediate effect. The addition of Singer Capital Markets is expected to strengthen Ondo’s capital markets support and investor engagement as it pursues its growth strategy in the insurtech space.
The most recent analyst rating on (GB:ONDO) stock is a Sell with a £18.50 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Spark’s Take on GB:ONDO Stock
According to Spark, TipRanks’ AI Analyst, GB:ONDO is a Neutral.
Ondo InsurTech Plc’s overall stock score is primarily impacted by its weak financial performance and technical analysis indicators, both of which suggest significant challenges. However, positive corporate events, including successful fundraising and strategic expansions, provide some optimism for future growth.
To see Spark’s full report on GB:ONDO stock, click here.
More about Ondo InsurTech Plc
Ondo InsurTech plc is a London-listed technology company specialising in claims prevention solutions for the home insurance sector, providing tools and services that help insurers reduce and manage household claims.
Average Trading Volume: 801,506
Technical Sentiment Signal: Sell
Current Market Cap: £29.51M
For detailed information about ONDO stock, go to TipRanks’ Stock Analysis page.