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Ricardo – interims, catalysts suggest now a recovery Buy

By HotStockRockets | Wednesday 12 March 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


International ‘strategic, environmental, and engineering consulting company’ Ricardo (RCDO) has announced results for its half-year ended 31st December 2024 emphasising “although we have experienced some market headwinds in the first half, which impacted the timing of orders, we delivered an improving operating profit performance year-on-year”. So are the shares cheap now at a 220p share price?
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