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Restore plc Director Increases Stake with Share Purchase

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Restore plc Director Increases Stake with Share Purchase

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The latest update is out from Restore ( (GB:RST) ).

Restore plc announced that Patrick Butcher, a Non-Executive Director, has purchased 19,076 ordinary shares of the company, increasing his total beneficial interest to 30,079 shares. This transaction may reflect confidence in the company’s market position and future prospects, potentially influencing stakeholder perceptions positively.

The most recent analyst rating on (GB:RST) stock is a Hold with a £265.00 price target. To see the full list of analyst forecasts on Restore stock, see the GB:RST Stock Forecast page.

Spark’s Take on GB:RST Stock

According to Spark, TipRanks’ AI Analyst, GB:RST is a Neutral.

Restore’s overall stock score is primarily driven by its solid financial performance, characterized by strong cash flow and profitability margins. Technical analysis presents mixed signals with some bearish trends, while valuation indicates the stock is relatively expensive. The absence of earnings call and corporate events data limits additional insights.

To see Spark’s full report on GB:RST stock, click here.

More about Restore

Restore plc is the UK’s leading provider of secure and sustainable business services, focusing on data, information, communications, and asset management.

Average Trading Volume: 332,292

Technical Sentiment Signal: Buy

Current Market Cap: £328.6M

For a thorough assessment of RST stock, go to TipRanks’ Stock Analysis page.

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