Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Pinewood Technologies ( (GB:PINE) ) just unveiled an update.
Pinewood Technologies Group PLC has completed the acquisition of PWSA, enhancing its control over sales and customer service functions in Southern Africa. This strategic move is expected to drive growth in the region, where PWSA has already established significant partnerships with dealers and OEMs across several countries. The acquisition aligns with Pinewood.AI’s ongoing expansion efforts following its recent independence from Pendragon PLC and its acquisition of Seez, an automotive AI & ML SaaS platform.
The most recent analyst rating on (GB:PINE) stock is a Buy with a £550.00 price target. To see the full list of analyst forecasts on Pinewood Technologies stock, see the GB:PINE Stock Forecast page.
Spark’s Take on GB:PINE Stock
According to Spark, TipRanks’ AI Analyst, GB:PINE is a Neutral.
Pinewood Technologies’ stock is supported by strong financial performance and positive corporate events, indicating growth potential and strategic confidence. However, the lack of valuation metrics and bearish technical indicators suggest caution. The company’s strategic acquisitions and insider confidence are significant positive factors.
To see Spark’s full report on GB:PINE stock, click here.
More about Pinewood Technologies
Pinewood Technologies Group PLC, established in 1981, is a leading cloud-based full-service technology provider for automotive retailers and OEMs. The company offers a market-leading automotive intelligence platform developed in collaboration with dealers and OEMs, providing secure software solutions across sales, aftersales, accounting, and CRM. With headquarters in the UK and North America, Pinewood.AI serves a global user base in over 20 countries and maintains partnerships with over 50 OEM brands.
Average Trading Volume: 257,679
Technical Sentiment Signal: Buy
Current Market Cap: £537.4M
For an in-depth examination of PINE stock, go to TipRanks’ Overview page.