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Petards ( (GB:PEG) ) just unveiled an announcement.
Petards Group PLC announced that its subsidiary, Petards Joyce-Loebl, has secured a £0.65 million order from BAE Systems for products that ensure electrical safety in military aerospace applications. This order highlights Petards’ longstanding relationship with BAE and its reputation for delivering robust electronic products for demanding military applications. The delivery is expected to be completed in 2026, reinforcing Petards’ position as a reliable partner in the defence sector.
The most recent analyst rating on (GB:PEG) stock is a Hold with a £10.50 price target. To see the full list of analyst forecasts on Petards stock, see the GB:PEG Stock Forecast page.
Spark’s Take on GB:PEG Stock
According to Spark, TipRanks’ AI Analyst, GB:PEG is a Neutral.
Petards’ overall stock score is driven by positive corporate events and strong technical momentum, despite financial performance challenges and unattractive valuation metrics. The company’s recent contract wins and strategic growth initiatives provide a positive outlook, but profitability and cash flow issues remain significant concerns.
To see Spark’s full report on GB:PEG stock, click here.
More about Petards
Petards Group PLC is a developer of advanced security, communication, and surveillance systems, with a focus on defence technology. Its subsidiary, Petards Joyce-Loebl, specializes in providing high-quality and reliable defence technology, particularly in the UK defence sector. The company is known for its expertise in Communications Information Systems, Ruggedised Electronic Control Systems, and Engineering Services, serving the UK’s armed forces and prime contractors.
Average Trading Volume: 48,165
Technical Sentiment Signal: Buy
Current Market Cap: £5.92M
See more insights into PEG stock on TipRanks’ Stock Analysis page.