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An update from Stelrad Group Plc ( (GB:SRAD) ) is now available.
Stelrad Group plc has successfully refinanced its £100 million multicurrency facility agreement, which was set to mature in November 2026, under improved terms. The renewed facility, which includes an option to extend for two additional years and an accordion feature for an extra £20 million, will enhance the company’s liquidity for working capital and investment, supporting its capital allocation policy and anticipated improvement in debt leverage ratio.
The most recent analyst rating on (GB:SRAD) stock is a Hold with a £145.00 price target. To see the full list of analyst forecasts on Stelrad Group Plc stock, see the GB:SRAD Stock Forecast page.
Spark’s Take on GB:SRAD Stock
According to Spark, TipRanks’ AI Analyst, GB:SRAD is a Neutral.
Stelrad Group Plc’s overall score reflects strong financial performance and positive corporate events, offset by bearish technical indicators and a high P/E ratio. The company’s effective cost management and cash flow generation are significant strengths, while current market momentum and valuation present challenges.
To see Spark’s full report on GB:SRAD stock, click here.
More about Stelrad Group Plc
Stelrad Group plc is a leading specialist manufacturer and distributor of steel panel and designer radiators, operating in the UK, Europe, and Turkey.
Average Trading Volume: 48,120
Technical Sentiment Signal: Sell
Current Market Cap: £171.9M
For a thorough assessment of SRAD stock, go to TipRanks’ Stock Analysis page.