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Synthomer ( (GB:SYNT) ) just unveiled an announcement.
Synthomer PLC announced that Janet Ashdown, a Non-Executive Director, has purchased 19,920 ordinary shares of the company at a price of £0.990029 per share, totaling £19,721.38. This transaction, conducted on the London Stock Exchange, signifies a potential vote of confidence in the company’s future prospects and could positively influence stakeholder perceptions.
The most recent analyst rating on (GB:SYNT) stock is a Buy with a £275.00 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 stock score is primarily influenced by its financial struggles and bearish technical indicators. While corporate events provide a positive outlook by enhancing financial flexibility and strategic focus, the overall financial and valuation metrics remain concerning.
To see Spark’s full report on GB:SYNT stock, click here.
More about Synthomer
Synthomer PLC is a leading company in the chemical industry, specializing in the production of polymers and related products. The company focuses on providing innovative solutions to various markets, including coatings, construction, textiles, and healthcare.
Average Trading Volume: 757,943
Technical Sentiment Signal: Sell
Current Market Cap: £159.3M
See more data about SYNT stock on TipRanks’ Stock Analysis page.