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TEAM plc Extends Loan Note Maturity and Increases Principal

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TEAM plc Extends Loan Note Maturity and Increases Principal

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An announcement from TEAM plc ( (GB:TEAM) ) is now available.

TEAM plc announced the extension of the maturity date for its unsecured 12% loan notes to December 31, 2026, and increased the principal amount to £1.5 million. This decision allows the company flexibility in managing its financial obligations, potentially strengthening its financial position and providing stability for stakeholders.

The most recent analyst rating on (GB:TEAM) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on TEAM plc stock, see the GB:TEAM Stock Forecast page.

Spark’s Take on GB:TEAM Stock

According to Spark, TipRanks’ AI Analyst, GB:TEAM is a Neutral.

TEAM plc’s overall stock score is primarily impacted by its financial performance and technical analysis. The company’s strong revenue growth is overshadowed by profitability and cash flow challenges. Technical indicators suggest bearish momentum, and valuation metrics are unfavorable due to ongoing losses.

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

More about TEAM plc

TEAM plc is a group specializing in wealth and asset management, along with complementary financial services.

Average Trading Volume: 79,997

Technical Sentiment Signal: Buy

Current Market Cap: £18.02M

For an in-depth examination of TEAM stock, go to TipRanks’ Overview page.

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