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Manx Financial ( (GB:MFX) ) has provided an update.
Manx Financial Group PLC has extended its consultancy agreement with Neil Jeffery, a consultant for its subsidiary Payment Assist Limited, until August 2030. This move is aimed at supporting Payment Assist’s international expansion of ‘Buy-Now-Pay-Later’ products into Ireland, mainland Europe, and the Middle East. The agreement, valued at up to £6 million, is expected to provide long-term stability and growth opportunities for Payment Assist, leveraging Mr. Jeffery’s industry expertise and connections. The company anticipates a significant increase in annual advances, driven by Mr. Jeffery’s leadership and strategic initiatives.
The most recent analyst rating on (GB:MFX) stock is a Buy with a £35.00 price target. To see the full list of analyst forecasts on Manx Financial stock, see the GB:MFX Stock Forecast page.
Spark’s Take on GB:MFX Stock
According to Spark, TipRanks’ AI Analyst, GB:MFX is a Outperform.
The overall stock score of 73 reflects strong financial performance and attractive valuation as the most significant factors. Technical analysis provides mixed signals, indicating potential for support but no strong momentum. The lack of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:MFX stock, click here.
More about Manx Financial
Manx Financial Group PLC is a holding company offering a diverse range of financial services primarily in the Isle of Man and the United Kingdom. The company operates through its subsidiaries, including Payment Assist Limited, which is a leading short-term lender in the UK automotive repair sector.
Average Trading Volume: 191,924
Technical Sentiment Signal: Strong Buy
Current Market Cap: £32.92M
For detailed information about MFX stock, go to TipRanks’ Stock Analysis page.