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Synectics Secures £1.8 Million Contract with Bus Eireann

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Synectics Secures £1.8 Million Contract with Bus Eireann

Meet Your ETF AI Analyst

Synectics ( (GB:SNX) ) has issued an update.

Synectics plc has secured a £1.8 million contract with Bus Eireann, Ireland’s leading transport provider, through its systems integration business, Ocular Integration. This five-year deal will see Synectics’ real-time cloud services deployed across Bus Eireann’s fleet, enhancing operational efficiency and evidence retrieval capabilities. The contract strengthens Ocular’s position in Ireland’s transport sector and reinforces the longstanding relationship with Bus Eireann, providing predictable revenue streams and showcasing Synectics’ ability to deliver market-leading solutions.

The most recent analyst rating on (GB:SNX) stock is a Buy with a £347.00 price target. To see the full list of analyst forecasts on Synectics stock, see the GB:SNX Stock Forecast page.

Spark’s Take on GB:SNX Stock

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

Synectics’ strong financial performance, characterized by robust revenue growth, profitability, and cash flow generation, is the primary driver of its stock score. The technical analysis indicates a bearish trend, which slightly offsets the positive financial outlook. The valuation is reasonable, with a fair P/E ratio and a modest dividend yield, supporting the overall score.

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

More about Synectics

Synectics plc is a leader in advanced security and surveillance solutions, specializing in integrating systems, technologies, and data to enhance safety, efficiency, and decision-making capabilities. The company is known for its innovation and strong partnerships, which drive long-term success.

Average Trading Volume: 43,134

Technical Sentiment Signal: Buy

Current Market Cap: £48.21M

See more insights into SNX stock on TipRanks’ Stock Analysis page.

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