Coverage / LON:RCN / Trade Card

LON:RCN

Redcentric PLC

OPPORTUNISTIC BUY 2026-08-01 Updated today 97.50p Technology - Information Technology ServicesAWAIT ENTRY
50

Position levels

Currenttoday
97.50p
Buy <=wait / entry
83.33p
Trim >=take some off
110.00p
Thesis breakLoss of a named major NHS or local authority framework agreement, or a confirmed...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case15%100 / 10015.0
Base case50%62 / 10031.0
Bear case35%10 / 1003.5
Weighted conviction50 / 100 - OPPORTUNISTIC BUY

Top risks

  • Proposed GBP 90 million Tender Offer and Share Capital Restructure approved at General Meeting
  • Revenue increased 8.3% to GBP 135.1m with recurring revenue rising to 89.3%
  • Elevated P/E ratio of 64.4x (or 77.94x) pricing in recovery with limited near-term visibility
Read full report →

Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.