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Goodwin ( (GB:GDWN) ) has issued an announcement.
Goodwin PLC reports significant growth across its divisions, with a 24% increase in workload and substantial profitability improvements in its Refractory Engineering Division. The company has secured major contracts, including a £5 million deal for surveillance systems and a follow-on order for nuclear storage racks. A strategic collaboration with Northrop Grumman positions Goodwin as a key supplier in defense, with potential orders exceeding $200 million, enhancing its reputation in delivering advanced components for critical applications.
The most recent analyst rating on (GB:GDWN) stock is a Buy with a £10789.00 price target. To see the full list of analyst forecasts on Goodwin stock, see the GB:GDWN Stock Forecast page.
Spark’s Take on GB:GDWN Stock
According to Spark, TipRanks’ AI Analyst, GB:GDWN is a Outperform.
Goodwin’s strong financial performance is the most significant factor, supported by robust revenue growth and profitability margins. Technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The valuation suggests the stock is relatively expensive, which tempers the overall score.
To see Spark’s full report on GB:GDWN stock, click here.
More about Goodwin
Goodwin PLC operates in the engineering industry, focusing on refractory and mechanical engineering. The company offers products such as investment casting powders, heavy-duty submersible pumps, and advanced manufacturing components. It serves various markets, including mining, nuclear storage, and defense sectors.
Average Trading Volume: 5,028
Technical Sentiment Signal: Buy
Current Market Cap: £796M
For detailed information about GDWN stock, go to TipRanks’ Stock Analysis page.