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Harworth ( (GB:HWG) ) has issued an announcement.
Harworth Group plc has issued 38,533 new ordinary shares at a nominal price of 10 pence each, as part of its Share Incentive Plan and Save As You Earn Scheme. This issuance increases the total number of ordinary shares to 325,840,171, which shareholders can use as a reference for interest notifications under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:HWG) stock is a Hold with a £196.00 price target. To see the full list of analyst forecasts on Harworth stock, see the GB:HWG Stock Forecast page.
Spark’s Take on GB:HWG Stock
According to Spark, TipRanks’ AI Analyst, GB:HWG is a Neutral.
Harworth’s strong financial performance and strategic corporate events are key strengths, contributing to a solid overall score. However, technical indicators suggest a lack of short-term momentum, and cash flow challenges highlight areas for improvement.
To see Spark’s full report on GB:HWG stock, click here.
More about Harworth
Harworth Group plc is a leading regeneration and strategic land owner and developer focused on the Industrial & Logistics (I&L) and Residential sectors. The company manages a portfolio of over 15,000 acres across more than 100 sites in the North of England and Midlands, specializing in transforming large, complex sites into new I&L developments and serviced remediated land for the I&L and Residential markets. Their business model aims to create sustainable places that support new homes, jobs, and communities.
Average Trading Volume: 255,720
Technical Sentiment Signal: Hold
Current Market Cap: £525.7M
See more data about HWG stock on TipRanks’ Stock Analysis page.