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Pennant International ( (GB:PEN) ) has issued an update.
Pennant International has announced that David Clements, the Group’s Commercial & Risk Director, has resigned from the board and as company secretary, and will leave the business on 31 March 2026 following a brief handover period. His responsibilities will be redistributed among other board members and senior executives, a move that signals continuity in leadership and operational oversight as the company continues to pursue its strategy of expanding recurring revenues and strengthening its positioning in high-growth, defence and safety-critical markets.
The most recent analyst rating on (GB:PEN) stock is a Hold with a £22.00 price target. To see the full list of analyst forecasts on Pennant International stock, see the GB:PEN Stock Forecast page.
Spark’s Take on GB:PEN Stock
According to Spark, TipRanks’ AI Analyst, GB:PEN is a Neutral.
The overall stock score is driven by weak financial performance and technical indicators, offset by positive corporate events. The company’s ongoing financial challenges and negative valuation metrics weigh heavily on the score, while recent strategic moves provide some optimism for future stability.
To see Spark’s full report on GB:PEN stock, click here.
More about Pennant International
Pennant International Group plc is a Cheltenham-based, technology-driven provider of system support software, technical services and training solutions for complex assets. Serving global customers across aerospace, defence, rail and other safety-critical sectors such as shipping, nuclear and space, the group operates through three core segments: Auxilium software, which delivers recurring revenues via integrated product and logistics support tools; Technical Services, which offers consultancy, support, maintenance and bespoke development; and Training Systems, which designs and builds hardware, software and virtual training solutions. With operations in the UK, North America and Asia-Pacific, the company is strategically focused on growing high-margin, recurring software and services revenues in regulated markets with high barriers to entry.
Average Trading Volume: 49,608
Technical Sentiment Signal: Sell
Current Market Cap: £9.51M
Learn more about PEN stock on TipRanks’ Stock Analysis page.