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B.P. Marsh & Partners PLC (GB:BPM)
LSE:BPM
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B.P. Marsh & Partners plc (BPM) AI Stock Analysis

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GB

B.P. Marsh & Partners plc

(LSE:BPM)

Rating:86Outperform
Price Target:
820.00p
▲(17.99%Upside)
B.P. Marsh & Partners plc's strong financial performance, particularly its low P/E ratio and robust balance sheet, form the core of its high score. This is further supported by positive corporate events and strategic investments. The technical indicators are mostly positive, though some caution is warranted due to neutral RSI. Overall, the stock shows strong potential for growth and income.

B.P. Marsh & Partners plc (BPM) vs. iShares MSCI United Kingdom ETF (EWC)

B.P. Marsh & Partners plc Business Overview & Revenue Model

Company DescriptionB.P. Marsh & Partners plc (BPM) is a specialist private equity investor with a focus on early-stage businesses within the financial services sector, particularly insurance intermediaries, financial advisors, and wealth managers. The company provides growth capital and strategic support to help these businesses expand and succeed. Headquartered in London, B.P. Marsh & Partners operates primarily in the UK, Europe, and Australia, leveraging its industry expertise to identify promising investment opportunities.
How the Company Makes MoneyB.P. Marsh & Partners plc generates revenue primarily through capital appreciation and dividends from its investment portfolio. The company invests in early-stage businesses within the financial services sector, aiming to enhance their value over time. As these companies grow and succeed, B.P. Marsh benefits from increased valuations, which can be realized through exits such as sales or public offerings. Additionally, the firm may earn dividends or profit shares from its portfolio companies, providing a steady income stream. The company's extensive industry knowledge and strategic partnerships further enhance its ability to identify lucrative investment opportunities and drive financial performance.

B.P. Marsh & Partners plc Financial Statement Overview

Summary
B.P. Marsh & Partners plc exhibits a strong financial position with excellent profitability, robust revenue growth, and a well-managed balance sheet. Despite past cash flow challenges, the company has shown significant improvement in cash generation capabilities. The focus on maintaining positive operating cash flows is crucial for sustaining momentum.
Income Statement
88
Very Positive
B.P. Marsh & Partners plc demonstrates robust financial performance with a strong Gross Profit Margin consistently close to 100%, indicating efficient cost management. The Net Profit Margin remains impressive, showcasing effective profitability. Significant Revenue Growth Rate of over 100% in the most recent year highlights excellent growth trajectory. EBIT and EBITDA Margins are also high, reflecting strong operational efficiency.
Balance Sheet
82
Very Positive
The company's balance sheet is solid with a very low Debt-to-Equity Ratio, indicating minimal leverage risk. Return on Equity is strong, suggesting efficient use of equity capital. The Equity Ratio is high, reinforcing the company's financial stability. However, the slight increase in liabilities warrants monitoring to maintain this healthy balance.
Cash Flow
75
Positive
Positive Free Cash Flow and its substantial growth rate are indicative of strong cash generation capabilities. The Operating Cash Flow to Net Income Ratio has improved significantly, showcasing effective cash conversion. However, past negative operating cash flows highlight potential cash management challenges, which have been addressed in the latest period.
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue118.43M51.48M32.45M23.05M4.50M
Gross Profit118.40M7.43M32.45M23.05M4.50M
EBITDA104.69M43.48M27.68M19.76M14.03M
Net Income99.50M42.53M23.84M17.48M13.72M
Balance Sheet
Total Assets340.88M238.30M197.77M171.11M153.01M
Cash, Cash Equivalents and Short-Term Investments74.14M40.51M11.56M8.63M709.00K
Total Debt412.00K596.00K771.00K939.00K2.10M
Total Liabilities14.47M9.13M8.23M4.51M3.11M
Stockholders Equity326.41M229.17M189.54M166.61M149.91M
Cash Flow
Free Cash Flow33.43M-18.72M-646.00K17.48M2.44M
Operating Cash Flow33.49M-18.70M-635.00K17.48M2.44M
Investing Cash Flow25.00K50.87M-515.00K-6.00K-2.41M
Financing Cash Flow190.00K-3.21M-1.23M-2.12M-25.00K

B.P. Marsh & Partners plc Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price695.00
Price Trends
50DMA
674.42
Positive
100DMA
677.21
Positive
200DMA
663.71
Positive
Market Momentum
MACD
8.04
Positive
RSI
50.43
Neutral
STOCH
7.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BPM, the sentiment is Neutral. The current price of 695 is below the 20-day moving average (MA) of 702.71, above the 50-day MA of 674.42, and above the 200-day MA of 663.71, indicating a neutral trend. The MACD of 8.04 indicates Positive momentum. The RSI at 50.43 is Neutral, neither overbought nor oversold. The STOCH value of 7.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:BPM.

B.P. Marsh & Partners plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBBPM
86
Outperform
2.5835.82%0.02%237.34%132.03%
68
Neutral
$16.73B11.759.79%3.76%11.87%-7.97%
62
Neutral
£148.01M35.09
5.74%
61
Neutral
£142.71M41.251.83%1.12%35.36%-153.97%
GBIIG
44
Neutral
£259.61M-0.39%-29.22%97.30%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:BPM
B.P. Marsh & Partners plc
695.00
178.67
34.60%
GB:MERC
Mercia Asset Management
33.00
>-0.01
-0.03%
GB:IIG
Intuitive Investments Group Plc
121.00
-24.00
-16.55%
GB:DORE
Downing Renewables & Infrastructure Trust Plc
101.75
30.43
42.67%

B.P. Marsh & Partners plc Corporate Events

Shareholder MeetingsBusiness Operations and Strategy
B.P. Marsh & Partners Secures Shareholder Support at AGM
Positive
Jul 17, 2025

B.P. Marsh & Partners Plc announced that all resolutions were passed at their Annual General Meeting, indicating strong shareholder support. This outcome reinforces the company’s strategic direction and stability, potentially boosting confidence among stakeholders and enhancing its position in the financial services investment sector.

Stock Buyback
B.P. Marsh Executes Share Buyback Program
Neutral
Jul 16, 2025

B.P. Marsh & Partners PLC, a company involved in financial services, has executed a share buyback program by purchasing 15,000 of its ordinary shares at 712 pence each, which will be held in treasury. This transaction affects the total voting rights, adjusting the number of shares carrying voting rights to 36,951,814, which shareholders can use for calculating their interest in the company under the FCA’s rules.

Stock Buyback
B.P. Marsh Executes Share Buyback, Adjusts Voting Rights
Neutral
Jul 15, 2025

B.P. Marsh & Partners PLC, a company involved in financial services, has announced the repurchase of 15,000 of its ordinary shares at a price of 710 pence per share as part of its Share Buyback programme. This transaction reduces the number of shares carrying voting rights to 36,966,814, impacting shareholder calculations regarding their interests in the company.

Business Operations and StrategyRegulatory Filings and Compliance
Wellington Management Adjusts Stake in B.P. Marsh & Partners
Neutral
Jul 14, 2025

B.P. Marsh & Partners PLC has announced a change in the voting rights held by Wellington Management Group LLP, which has decreased from 5.03% to 4.89%. This adjustment in holdings could impact the company’s shareholder dynamics and influence future decision-making processes. The notification highlights Wellington’s continued involvement in B.P. Marsh, reflecting its strategic interest in the company’s operations.

Stock Buyback
B.P. Marsh & Partners Executes Share Buyback, Adjusts Voting Rights
Neutral
Jul 14, 2025

B.P. Marsh & Partners Plc announced the purchase of 20,000 of its own ordinary shares at a price of 710 pence per share as part of its ongoing share buyback program. This transaction, conducted under the Market Abuse Regulation, adjusts the total voting rights to 36,981,814, which stakeholders can use to assess their shareholding interests under FCA rules.

Stock BuybackBusiness Operations and Strategy
B.P. Marsh Executes Share Buyback, Alters Voting Rights
Neutral
Jul 11, 2025

B.P. Marsh & Partners PLC announced the repurchase of 30,000 of its ordinary shares at 710 pence per share as part of its ongoing Share Buyback programme. This transaction, which aligns with the company’s strategic financial management, affects the total voting rights, now standing at 37,001,814 shares, potentially impacting shareholder calculations under FCA’s rules.

Stock BuybackBusiness Operations and Strategy
B.P. Marsh Executes Share Buyback, Adjusts Voting Rights
Neutral
Jul 1, 2025

B.P. Marsh & Partners Plc has executed a share buyback, purchasing 20,000 of its ordinary shares at 700 pence each, as part of its ongoing strategy to manage its capital structure. This transaction reduces the number of shares with voting rights to 37,031,814, potentially impacting shareholder calculations regarding their interests in the company.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
B.P. Marsh Boosts Investment in Pantheon Specialty Group
Positive
Jun 30, 2025

B.P. Marsh & Partners Plc has increased its investment in Pantheon Specialty Group Limited by acquiring an additional 2% shareholding, bringing its total stake to 39%. This move, along with a £5m revolving loan facility, underscores B.P. Marsh’s confidence in Pantheon’s growth trajectory, as the company continues to expand its product offerings and market presence in the Lloyd’s and London insurance market.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
B.P. Marsh Executes Share Buyback, Adjusts Voting Rights
Neutral
Jun 30, 2025

B.P. Marsh & Partners Plc has executed a share buyback, purchasing 20,000 of its ordinary shares at 700 pence each, as part of its ongoing Share Buyback programme. This transaction, compliant with the Market Abuse Regulation, affects the company’s total voting rights, now standing at 37,051,814 shares, potentially impacting shareholder calculations and interests.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Shareholder Meetings
B.P. Marsh & Partners Announces Corrected AGM Details
Neutral
Jun 24, 2025

B.P. Marsh & Partners Plc has corrected the time for its upcoming Annual General Meeting (AGM), which will now be held at 11:00 a.m. BST on 17 July 2025. The AGM will be a hybrid meeting, allowing shareholders to attend in person or follow proceedings online, with the opportunity to submit questions in advance. This approach underscores the company’s commitment to shareholder engagement and transparency.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Shareholder Meetings
B.P. Marsh & Partners Announces Hybrid AGM for 2025
Neutral
Jun 24, 2025

B.P. Marsh & Partners Plc has announced its Annual General Meeting (AGM) scheduled for 17 July 2025, which will be conducted as a hybrid meeting. Shareholders can participate in the AGM proceedings in person or view them online, with voting conducted via proxy. This approach aims to enhance shareholder engagement and ensure smooth proceedings, reflecting the company’s commitment to transparency and accessibility.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
B.P. Marsh & Partners PLC Executes Share Buyback, Adjusts Voting Rights
Neutral
Jun 20, 2025

B.P. Marsh & Partners PLC announced the purchase of 20,000 of its ordinary shares at 680 pence per share as part of its Share Buyback programme. This transaction, conducted under the Market Abuse Regulation, adjusts the company’s total voting rights, which now consist of 37,071,814 shares, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Private Placements and FinancingM&A Transactions
B.P. Marsh Acquires Stake in Cameron Specialty to Boost Insurance Expansion
Positive
Jun 17, 2025

B.P. Marsh & Partners Plc has acquired a 27% stake in Cameron Specialty HoldCo Limited, a London-based underwriting agency specializing in UK property insurance. This strategic investment, involving funding of up to £1.7 million, aims to support Cameron Specialty’s expansion into the Republic of Ireland and Europe, enhancing its position in the market. The partnership is expected to leverage B.P. Marsh’s expertise in the insurance sector, aiding Cameron Specialty in achieving its growth ambitions and strengthening its market presence.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Other
B.P. Marsh Director Increases Stake in Company
Positive
Jun 12, 2025

B.P. Marsh & Partners Plc announced that Nicholas Carter, a Non-Executive Director, has purchased 5,914 ordinary shares of the company. This transaction increases Mr. Carter’s beneficial interest to 45,176 shares, representing 0.12% of the company’s total voting rights. This move indicates confidence in the company’s future prospects and may positively influence stakeholder perception.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Business Operations and Strategy
B.P. Marsh’s CIO and Daughter Increase Stake in Company
Positive
Jun 11, 2025

B.P. Marsh & Partners Plc announced that its Chief Investment Officer, Dan Topping, along with his daughter, Felicity Topping, purchased a total of 3,739 ordinary shares in the company. This transaction reflects a continued commitment from senior management to the company’s growth and stability, potentially strengthening investor confidence and aligning management interests with shareholders.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Regulatory Filings and Compliance
B.P. Marsh & Partners PLC Announces Change in Voting Rights
Neutral
Jun 11, 2025

B.P. Marsh & Partners PLC, a UK-based company, announced a change in the voting rights of its shares due to an acquisition or disposal by Wellington Management Group LLP, a US-based investment management entity. The transaction resulted in Wellington Management Group LLP holding 4.92% of the voting rights in B.P. Marsh & Partners PLC, down from a previous 5.48%. This change in voting rights may influence the company’s decision-making process and could have implications for its stakeholders.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Business Operations and Strategy
B.P. Marsh CFO Increases Stake in Company Shares
Positive
Jun 10, 2025

B.P. Marsh & Partners Plc announced that its Chief Finance Officer, Mrs. Francesca Chappell, has purchased 764 ordinary shares in the company, increasing her beneficial interest to a total of 1,961 shares. This transaction highlights the confidence of the company’s leadership in its financial strategy and future prospects, potentially influencing stakeholder perceptions and market positioning.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Shareholder MeetingsDividends
B.P. Marsh Proposes Final Dividend for 2025
Positive
Jun 10, 2025

B.P. Marsh & Partners Plc has announced a proposed final dividend of 6.78p per share, subject to approval at the Annual General Meeting on 17th July 2025. If approved, the dividend will be paid on 25th July 2025, providing a return to shareholders and potentially enhancing the company’s attractiveness to investors.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

M&A TransactionsStock BuybackDividendsBusiness Operations and StrategyFinancial Disclosures
B.P. Marsh & Partners Reports Strong Financial Growth and Strategic Developments
Positive
Jun 10, 2025

B.P. Marsh & Partners Plc reported a significant increase in its financial performance for the year ending 31 January 2025, with a consolidated profit before tax of £104.7 million and a 42.4% rise in Net Asset Value (NAV) to £326.4 million. The company made notable disposals, including Lilley Plummer Risks Limited and Paladin Holdings Limited, which contributed to a robust cash position. The company also announced increased dividend payments and a revised share buy-back policy, reflecting its commitment to delivering value to shareholders. The secondary placing of shares has diversified its institutional investor base, underscoring market confidence in its long-term growth strategy.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

M&A TransactionsBusiness Operations and Strategy
B.P. Marsh Sells Stake in Sterling Insurance, Boosts ATC Holdings
Positive
Jun 5, 2025

B.P. Marsh & Partners Plc announced the sale of its 20% interest in Sterling Insurance Pty Ltd to ATC Insurance Solutions Pty Limited. This transaction increases B.P. Marsh’s shareholding in ATC from 25% to 27%, enhancing its investment value. The deal reflects B.P. Marsh’s strategic approach to investment in the financial services sector, allowing Sterling’s management to participate in ATC’s growth and providing liquidity to longstanding shareholders.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £625.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
B.P. Marsh Invests in Amiga Speciality Holdings to Expand Specialty Insurance Presence
Positive
Jun 4, 2025

B.P. Marsh & Partners Plc has acquired a 49% shareholding in Amiga Speciality Holdings Limited, a start-up aiming to establish an international specialty underwriting agency. The investment includes a £10m loan facility to support Amiga’s growth, led by industry veteran Adam Kembrooke. This strategic move is expected to enhance B.P. Marsh’s positioning in the specialty insurance market and provide Amiga with the necessary backing to capitalize on market opportunities.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
B.P. Marsh & Partners to Announce Annual Results and Host Investor Presentation
Neutral
Jun 4, 2025

B.P. Marsh & Partners Plc has announced it will release its annual results for the year ending January 31, 2025, on June 10, 2025. The company will host an analyst call and a live investor presentation on the same day, providing an opportunity for stakeholders to engage and gain insights into the company’s performance and strategic direction.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Business Operations and Strategy
Madison Dearborn Reduces Stake in B.P. Marsh & Partners
Neutral
May 14, 2025

Madison Dearborn Partners, LLC has reduced its voting rights in B.P. Marsh & Partners PLC from 19.92% to 9.78%. This significant change in ownership could impact the company’s strategic direction and influence in the market, potentially affecting stakeholder interests and future investment decisions.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
B.P. Marsh & Partners PLC Announces Change in Voting Rights
Neutral
May 14, 2025

B.P. Marsh & Partners PLC has announced a change in its voting rights structure following an acquisition or disposal of voting rights by Wellington Management Group LLP. The notification indicates that Wellington Management now holds 5.48% of the voting rights in B.P. Marsh, a move that could influence the company’s decision-making processes and strategic direction. This adjustment in voting rights reflects Wellington Management’s strategic positioning within the financial services sector, potentially impacting stakeholders and the market’s perception of B.P. Marsh’s governance.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.00 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Shareholder MeetingsStock Buyback
B.P. Marsh Proposes Share Buyback Authority Renewal
Positive
May 12, 2025

B.P. Marsh & Partners Plc has announced a General Meeting to propose the renewal of its authority to purchase its own shares, allowing the company to buy back up to 10% of its issued ordinary share capital. This move, supported by the Takeover Panel’s waiver, aims to provide the company with flexibility in managing capital resources, which is seen as beneficial for both the company and its shareholders.

The most recent analyst rating on (GB:BPM) stock is a Buy with a £560.0000 price target. To see the full list of analyst forecasts on B.P. Marsh & Partners plc stock, see the GB:BPM Stock Forecast page.

Other
B.P. Marsh Director Increases Stake in Company Shares
Positive
Apr 24, 2025

B.P. Marsh & Partners Plc announced that Non-Executive Director Nicholas Carter and his wife, Fiona Carter, have purchased a total of 1,879 ordinary shares in the company. This transaction increases Mr. Carter’s beneficial interest to 39,262 shares, representing 0.11% of the company’s total voting rights. This move reflects confidence in the company’s prospects and may positively influence stakeholder perceptions.

Private Placements and FinancingBusiness Operations and Strategy
B.P. Marsh Invests £10 Million in iO Finance Partners to Boost Alternative Finance Market
Positive
Apr 23, 2025

B.P. Marsh & Partners Plc has announced a £10 million investment for an 8% shareholding in iO Finance Partners Topco Limited, a company aiming to become a transformative player in the alternative finance market by acquiring three alternative finance providers. This strategic move, co-invested with Janus Henderson, positions B.P. Marsh to capitalize on the growing demand for private credit and support UK SMEs, leveraging the expertise of iO Partners’ experienced management team. The investment aligns with B.P. Marsh’s strategy to deliver long-term returns for shareholders and expand its portfolio in the financial services sector.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 17, 2025