Plant Impact Plc (LON:PIM)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a note issued to investors on Monday. They currently have a GBX 70 ($0.85) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 41.41% from the stock’s previous close.
now have 15% of company as reward lined up and if they are there just to get shareholders hyped up at the prospect of tripling the SP then it is the sort of management of expectation that is out of favour. This is a company whose product is needed and sells itself without management pretending they deserve a global magnate size remuneration. The company just needs steady organic growth not a tripling of prospects in two years.
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