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Synthomer ( (GB:SYNT) ) has provided an announcement.
Synthomer plc announced changes to its Board, with Ian Tyler and Roberto Gualdoni stepping down as independent Non-Executive Directors. Janet Ashdown will succeed Ian as Senior Independent Director, and Jonathan Silver will become Chair of the Audit Committee. These changes are part of Synthomer’s ongoing efforts to align with the UK Corporate Governance Code and enhance its leadership structure, potentially impacting its governance and strategic direction.
The most recent analyst rating on (GB:SYNT) stock is a Hold with a £59.00 price target. To see the full list of analyst forecasts on Synthomer stock, see the GB:SYNT Stock Forecast page.
Spark’s Take on GB:SYNT Stock
According to Spark, TipRanks’ AI Analyst, GB:SYNT is a Neutral.
Synthomer’s overall stock score reflects significant financial challenges, with negative profitability and high leverage being major concerns. Technical analysis provides mixed signals, with short-term bullish momentum but longer-term bearish trends. Valuation is weak due to a negative P/E ratio. However, positive corporate events, such as insider buying and strategic appointments, offer some optimism for future prospects.
To see Spark’s full report on GB:SYNT stock, click here.
More about Synthomer
Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients, serving key sectors such as coatings, construction, adhesives, and health and protection. Headquartered in London, UK, Synthomer employs approximately 3,800 employees across five innovation centres and 29 manufacturing sites globally. The company focuses on creating innovative and sustainable solutions, with a significant portion of its sales from new and patent-protected products, and has set ambitious decarbonisation targets in line with the Paris Agreement.
Average Trading Volume: 802,869
Technical Sentiment Signal: Strong Sell
Current Market Cap: £95.52M
Find detailed analytics on SYNT stock on TipRanks’ Stock Analysis page.