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Panther Securities ( (GB:PNS) ) just unveiled an announcement.
Panther Securities PLC has announced the early receipt of a £500,000 instalment as part of the deferred consideration from the sale of its freehold interest in Westgate House, Peterborough. This payment, originally due nine months post-completion, reflects positively on the company’s cash flow and financial management. The remaining balance of £500,000 is expected to be paid 18 months after the completion date, which was December 20, 2024, indicating a steady inflow of funds that could bolster the company’s financial stability and operational capabilities.
The most recent analyst rating on (GB:PNS) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Panther Securities stock, see the GB:PNS Stock Forecast page.
Spark’s Take on GB:PNS Stock
According to Spark, TipRanks’ AI Analyst, GB:PNS is a Neutral.
Panther Securities’ overall stock score is driven by its strong financial performance and positive corporate events, indicating a stable and growth-oriented company in the real estate services sector. However, technical analysis shows bearish signals, suggesting potential short-term risks. Valuation metrics are favorable, presenting a potentially undervalued investment opportunity.
To see Spark’s full report on GB:PNS stock, click here.
More about Panther Securities
Panther Securities PLC operates in the real estate industry, focusing on the acquisition, management, and disposal of property assets. The company is known for its strategic investments in freehold and leasehold properties across various sectors, aiming to maximize returns for its stakeholders.
Average Trading Volume: 1,692
Technical Sentiment Signal: Hold
Current Market Cap: £50.33M
Learn more about PNS stock on TipRanks’ Stock Analysis page.