Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Ramsdens Holdings ( (GB:RFX) ) has provided an update.
Ramsdens Holdings PLC has appointed Cavendish Capital Markets Limited as its new Nominated Adviser and Broker. This strategic move is expected to enhance Ramsdens’ financial advisory capabilities and potentially strengthen its market position, benefiting stakeholders by aligning with a reputable adviser.
The most recent analyst rating on (GB:RFX) stock is a Hold with a £361.00 price target. To see the full list of analyst forecasts on Ramsdens Holdings stock, see the GB:RFX Stock Forecast page.
Spark’s Take on GB:RFX Stock
According to Spark, TipRanks’ AI Analyst, GB:RFX is a Neutral.
Ramsdens Holdings’ strong financial performance is the primary driver of its stock score, supported by solid revenue growth and cash flow management. However, technical analysis indicates bearish momentum, which weighs down the overall score. The stock’s reasonable valuation with a low P/E ratio and decent dividend yield provides some balance.
To see Spark’s full report on GB:RFX stock, click here.
More about Ramsdens Holdings
Ramsdens Holdings PLC is a diversified financial services provider and retailer, operating in four core business segments: foreign currency exchange, pawnbroking loans, precious metals buying and selling, and retailing of pre-owned and new jewellery. The company, headquartered in Middlesbrough, operates 170 stores across the UK and has a growing online presence. Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities and as an authorised payments institution.
Average Trading Volume: 88,358
Technical Sentiment Signal: Buy
Current Market Cap: £116.5M
Learn more about RFX stock on TipRanks’ Stock Analysis page.