Update shared on 26 Nov 2025
Analysts have raised their price target for Norcros to £4.39, citing stronger expected revenue growth and a slightly improved profit margin outlook as key factors in their reassessment.
What's in the News
- Norcros Board declared an interim dividend of 3.7 pence per 10 pence ordinary share for the year ending April 2026. This is an increase from 3.5 pence last year (Key Developments).
- The dividend increase reflects a resilient first half performance and management's confidence in the company's outlook (Key Developments).
- The interim dividend will be payable on 13 January 2026 to shareholders registered as of 28 November 2025. Shares go ex-dividend on 27 November 2025 (Key Developments).
- Norcros operates a Dividend Reinvestment Plan. Elections are due by 18 December 2025 for this interim dividend (Key Developments).
Valuation Changes
- Consensus Analyst Price Target remains at £4.39 per share.
- The Discount Rate has decreased slightly from 9.51 percent to 9.37 percent.
- The Revenue Growth forecast has increased from 7.20 percent to 9.44 percent.
- The outlook for Net Profit Margin has improved, rising from 7.10 percent to 7.60 percent.
- The projection for the future P/E ratio has fallen from 15.76x to 13.70x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.