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Ten Lifestyle Group ( (GB:TENG) ) has issued an update.
Ten Lifestyle Group plc has announced a proposed name change to Ten Technologies Group plc, reflecting its evolution into a technology-driven leader in customer experience. This change, pending shareholder approval, underscores the central role of technology in the company’s operations and growth strategy, with no impact on existing share certificates or trading identifiers.
The most recent analyst rating on (GB:TENG) stock is a Hold with a £63.00 price target. To see the full list of analyst forecasts on Ten Lifestyle Group stock, see the GB:TENG Stock Forecast page.
Spark’s Take on GB:TENG Stock
According to Spark, TipRanks’ AI Analyst, GB:TENG is a Neutral.
The overall stock score is primarily influenced by steady financial performance, despite challenges in net profitability and cash conversion efficiency. Technical analysis indicates neutral momentum, and valuation suggests moderate overvaluation, impacting the overall attractiveness of the stock.
To see Spark’s full report on GB:TENG stock, click here.
More about Ten Lifestyle Group
Ten Lifestyle Group Plc partners with financial institutions and premium brands to attract and retain affluent customers through lifestyle, travel, dining, and entertainment services. The company operates on a platform-as-a-service model, leveraging proprietary technology and a personalization platform, with a commitment to sustainability and ethical practices as the first B Corp-certified company on the AIM market.
Average Trading Volume: 99,949
Technical Sentiment Signal: Strong Sell
Current Market Cap: £50.93M
Learn more about TENG stock on TipRanks’ Stock Analysis page.