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Synthomer PLC Announces Change in Major Shareholdings

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Synthomer PLC Announces Change in Major Shareholdings

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An announcement from Synthomer ( (GB:SYNT) ) is now available.

Synthomer PLC has announced a change in its major holdings, with Lombard Odier Asset Management (Europe) Limited reducing its voting rights from 5.37% to 4.99%. This adjustment in holdings could impact Synthomer’s shareholder dynamics and influence its strategic decisions, reflecting a shift in stakeholder engagement.

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.

The overall score is influenced predominantly by financial challenges, as reflected in the financial performance score. Corporate events provide positive momentum by reducing debt and focusing on core business strengths. Technical analysis and valuation indicate moderate potential, without providing strong bullish signals.

To see Spark’s full report on GB:SYNT stock, click here.

More about Synthomer

Synthomer PLC operates in the specialty chemicals industry, providing a range of polymer products and solutions. The company focuses on serving various markets, including adhesives, coatings, and construction materials.

Average Trading Volume: 776,654

Technical Sentiment Signal: Strong Sell

Current Market Cap: £175.7M

For a thorough assessment of SYNT stock, go to TipRanks’ Stock Analysis page.

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