With a strong market position in an expanding market and a new management team with a reinvigorated strategy combined with a strong balance sheet, the prospects for this wealth manager for vulnerable clients have never been stronger. The company also has a strong balance sheet and potential to benefit from acquisitions. We adjust our estimates to allow for increased investment and move our target price to 65p.
20 Dec 2017
New strategy to exploit unique IP
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
New strategy to exploit unique IP
Frenkel Topping Group plc (FEN:LON) | 53.5 0 0.0% | Mkt Cap: 68.5m
- Published:
20 Dec 2017 -
Author:
Cavendish Research -
Pages:
12
With a strong market position in an expanding market and a new management team with a reinvigorated strategy combined with a strong balance sheet, the prospects for this wealth manager for vulnerable clients have never been stronger. The company also has a strong balance sheet and potential to benefit from acquisitions. We adjust our estimates to allow for increased investment and move our target price to 65p.