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Tortilla Mexican Grill Ltd. ( (GB:MEX) ) has issued an announcement.
Tortilla Mexican Grill PLC has announced the appointment of Duncan Garrood as the new Non-Executive Chair, succeeding Emma Woods. Garrood, who brings extensive leadership and international franchising experience, is expected to guide the company through its next growth phase in the UK and internationally. This leadership change is seen as a strategic move to bolster Tortilla’s market position and support its expansion ambitions.
The most recent analyst rating on (GB:MEX) stock is a Hold with a £35.00 price target. To see the full list of analyst forecasts on Tortilla Mexican Grill Ltd. stock, see the GB:MEX Stock Forecast page.
Spark’s Take on GB:MEX Stock
According to Spark, TipRanks’ AI Analyst, GB:MEX is a Neutral.
Tortilla Mexican Grill Ltd.’s overall stock score is primarily impacted by its financial performance challenges, including negative equity and profitability issues. Technical analysis indicates a bearish trend, further weighing on the score. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield, making the stock less appealing to investors.
To see Spark’s full report on GB:MEX stock, click here.
More about Tortilla Mexican Grill Ltd.
Founded in 2007, Tortilla Mexican Grill PLC is Europe’s largest fast-casual Mexican restaurant brand, offering authentic California-style burritos, tacos, and salads. The company operates 81 locations in the UK, 22 in France, and 13 in the Middle East, with a mix of company-owned and franchise stores. Tortilla has expanded through acquisitions and franchise partnerships, including Chilango in the UK and Fresh Burritos in France.
Average Trading Volume: 31,444
Technical Sentiment Signal: Sell
Current Market Cap: £14.31M
For an in-depth examination of MEX stock, go to TipRanks’ Overview page.