TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from The Barkby Group PLC ( (GB:ROAD) ) is now available.
Roadside Real Estate PLC has announced the proposed sale of its Commercial Property business to Tarncourt Properties Limited for approximately £12 million, resulting in net proceeds of £4.7 million. This strategic move will enable Roadside to concentrate on its core business of roadside retail assets, simplifying its operations and strengthening its balance sheet. The disposal is considered a related party transaction due to the involvement of Charles Dickson, CEO of Roadside, and will require shareholder approval at a General Meeting. The company plans to extend and increase the Tarncourt Facility to further support its strategic focus on roadside retail assets.
The most recent analyst rating on (GB:ROAD) stock is a Hold with a £54.00 price target. To see the full list of analyst forecasts on The Barkby Group PLC stock, see the GB:ROAD Stock Forecast page.
Spark’s Take on GB:ROAD Stock
According to Spark, TipRanks’ AI Analyst, GB:ROAD is a Neutral.
The stock score reflects a balance between financial challenges and strong technical momentum. Positive corporate events bolster the outlook, but operational inefficiencies and cash flow issues require attention. The lack of valuation metrics adds uncertainty.
To see Spark’s full report on GB:ROAD stock, click here.
More about The Barkby Group PLC
Roadside Real Estate PLC operates in the roadside real estate industry, focusing on building and managing a portfolio of modern operational roadside retail assets. Their primary services include petrol filling stations and modern electric vehicle charging infrastructure, with a strategic focus on acquiring and enhancing roadside retail properties to meet evolving consumer demands.
Average Trading Volume: 132,522
Technical Sentiment Signal: Buy
Current Market Cap: £78.3M
For a thorough assessment of ROAD stock, go to TipRanks’ Stock Analysis page.