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The latest announcement is out from Pennant International ( (GB:PEN) ).
Pennant International Group plc has secured two significant contracts within its Training Systems segment, enhancing its market position. The first contract, valued at £3.6 million, is with BAE Systems Australia for new training systems, while the second is a £0.15 million contract with a European aircraft equipment OEM for a 3D graphical training package. These contracts are expected to bolster Pennant’s revenue and operational efficiency, with the BAE Systems contract providing a milestone payment plan to avoid additional working capital requirements.
The most recent analyst rating on (GB:PEN) stock is a Sell with a £21.00 price target. To see the full list of analyst forecasts on Pennant International stock, see the GB:PEN Stock Forecast page.
Spark’s Take on GB:PEN Stock
According to Spark, TipRanks’ AI Analyst, GB:PEN is a Underperform.
Pennant International’s overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The negative P/E ratio further detracts from its valuation appeal. Improving profitability and reversing the bearish trend are crucial for enhancing the stock’s outlook.
To see Spark’s full report on GB:PEN stock, click here.
More about Pennant International
Pennant International Group plc is a technology-driven global provider specializing in system support software, technical services, and training solutions. The company serves key markets such as Aerospace, Defence, and Rail, and operates through three main segments: Auxilium software, Technical Services, and Training Systems. Pennant focuses on sustainable recurring and repeatable revenues, leveraging rising defence budgets and increasing technological complexity in military and aviation sectors.
Average Trading Volume: 93,954
Technical Sentiment Signal: Sell
Current Market Cap: £9.75M
See more data about PEN stock on TipRanks’ Stock Analysis page.