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Springfield Properties PLC ( (GB:SPR) ) has issued an update.
Springfield Properties PLC has appointed Johnston Carmichael LLP as its new auditor, effective immediately, to audit the financial statements for the year ending 31 May 2025. This change follows the departure of BDO LLP, the previous auditor, who confirmed no outstanding issues related to their departure, ensuring a smooth transition for the company.
Spark’s Take on GB:SPR Stock
According to Spark, TipRanks’ AI Analyst, GB:SPR is a Neutral.
Springfield Properties PLC’s stock score reflects a stable financial performance, with strengths in cash flow management and capital structure. While technical indicators show a short-term downward trend, the company’s strategic initiatives and positive corporate events suggest a favorable long-term outlook. The valuation is attractive, offering potential upside for investors.
To see Spark’s full report on GB:SPR stock, click here.
More about Springfield Properties PLC
Springfield Properties PLC is a leading housebuilder in Scotland, specializing in the delivery of private and affordable housing.
YTD Price Performance: -5.32%
Average Trading Volume: 203,486
Technical Sentiment Signal: Strong Buy
Current Market Cap: £98.19M
Learn more about SPR stock on TipRanks’ Stock Analysis page.