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Sabien Technology ( (GB:SNT) ) has shared an update.
Sabien Technology Group plc has announced a strategic agreement with City Oil Field, Inc. (COF) of South Korea, following the successful commissioning of COF’s first commercial Regenerated Green Oil production plant. This agreement will see Sabien acquire a minority stake in COF and extend its UK Sales Agency Agreement to include international territories. The collaboration aims to explore international trade opportunities for sustainable oil products, positioning Sabien to address global plastic waste challenges and enhance its market presence.
The most recent analyst rating on (GB:SNT) stock is a Hold with a £8.00 price target. To see the full list of analyst forecasts on Sabien Technology stock, see the GB:SNT Stock Forecast page.
Spark’s Take on GB:SNT Stock
According to Spark, TipRanks’ AI Analyst, GB:SNT is a Neutral.
Sabien Technology’s overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. However, recent strategic expansions in CO2 mitigation technology offer a glimmer of hope for future growth, partially balancing the negative financial outlook.
To see Spark’s full report on GB:SNT stock, click here.
More about Sabien Technology
Sabien Technology Group plc is a company that provides energy reduction solutions aimed at helping businesses achieve sustainability goals, with a focus on reducing energy consumption and carbon emissions. It holds the Green Economy Mark from the London Stock Exchange, indicating that over 50% of its revenues come from sustainable products and services.
Average Trading Volume: 392,198
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.88M
Find detailed analytics on SNT stock on TipRanks’ Stock Analysis page.