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Ricardo ( (GB:RCDO) ) has shared an update.
Ricardo PLC has announced a change in its voting rights structure following the acquisition of shares by Science Group plc. The acquisition has increased Science Group’s voting rights in Ricardo PLC to 21.76%, up from 20.08%, indicating a significant shift in shareholder influence that could impact future company decisions and stakeholder interests.
The most recent analyst rating on (GB:RCDO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Ricardo stock, see the GB:RCDO Stock Forecast page.
Spark’s Take on GB:RCDO Stock
According to Spark, TipRanks’ AI Analyst, GB:RCDO is a Neutral.
Ricardo’s overall stock score reflects solid technical momentum and strategic initiatives that improve future outlook, offset by governance challenges and weak profitability metrics. Strong cash flow management supports resilience in business operations.
To see Spark’s full report on GB:RCDO stock, click here.
More about Ricardo
Ricardo PLC is a UK-based engineering and environmental consultancy company. It specializes in providing innovative solutions across various sectors, including automotive, energy, and transportation, focusing on sustainable and efficient technologies.
Average Trading Volume: 405,841
Technical Sentiment Signal: Sell
Current Market Cap: £180.4M
Learn more about RCDO stock on TipRanks’ Stock Analysis page.