Oakley Capital Invests in Leading Padel Brand NOX

Oakley Capital Investments ( (GB:OCI) ) has shared an update.

Oakley Capital Investments Limited announced that its Oakley Capital Origin Fund II is investing in NOX, a leading padel equipment brand. NOX, founded in 2008 in Barcelona, is known for its high-performance padel rackets and has achieved significant growth, selling over 400,000 rackets annually. This investment aims to accelerate NOX’s international expansion, particularly in the U.S. and Asia, and enhance its product portfolio and digital marketing capabilities. The partnership is expected to strengthen NOX’s position in the fast-growing padel and pickleball markets.

The most recent analyst rating on (GB:OCI) stock is a Buy with a £7.25 price target. To see the full list of analyst forecasts on Oakley Capital Investments stock, see the GB:OCI Stock Forecast page.

Spark’s Take on GB:OCI Stock

According to Spark, TipRanks’ AI Analyst, GB:OCI is a Outperform.

Oakley Capital Investments exhibits a solid overall score driven by a robust balance sheet and attractive valuation. However, income volatility and bearish technical indicators present challenges. Strategic share buybacks are a positive corporate event, indicating management’s confidence and providing support to the stock’s outlook.

To see Spark’s full report on GB:OCI stock, click here.

More about Oakley Capital Investments

Oakley Capital Investments Limited (OCI) is a closed-ended investment fund listed on the London Stock Exchange. It aims to provide shareholders with long-term capital growth by offering access to private equity returns through investments in Oakley Funds. These funds focus on buy-out opportunities in industries with growth potential, consolidation, and performance improvement.

Average Trading Volume: 313,451

Technical Sentiment Signal: Buy

For a thorough assessment of OCI stock, go to TipRanks’ Stock Analysis page.