This UK stock has fallen from above 800p to below 60p. But analysts at Citi believe it’s capable of a significant bounce in the medium term. The post This 55p UK stock could rise more than 300%, according to a City broker appeared first on The Motley Fool UK.
S4 Capital plc ( LON:SFOR ) has rebounded strongly over the last week, with the share price soaring 31%. But only the...
Martin Sorrell forecast another tough year for S4 Capital after the ad group's core earnings fell 25% in 2023, reflecting a reluctance from its tech-heavy clients to spend and few new business wins. Shares in S4 Capital, which hit 878 pence in September 2021, fell 11% to 40 pence in early deals on Wednesday, valuing the company at 230 million pounds ($290 million). S4 said its content business was hit in the second half by lower spending by tech clients, while trading in its data & digital media unit had deteriorated as the year had progressed, and growth in technology services had slowed significantly.