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Assura plc ( (GB:AGR) ) has provided an update.
Assura plc has announced a Special Dividend as part of its takeover by Primary Health Properties plc (PHP). This move is part of a revised offer where PHP aims to acquire all issued shares of Assura. The Special Dividend, set at 0.84 pence per share, is contingent on the offer becoming unconditional and receiving necessary approvals. This strategic combination is expected to enhance Assura’s market positioning and provide value to its shareholders, with the dividend serving as an acceleration of the expected quarterly interim dividend.
The most recent analyst rating on (GB:AGR) stock is a Buy with a £55.00 price target. To see the full list of analyst forecasts on Assura plc stock, see the GB:AGR Stock Forecast page.
Spark’s Take on GB:AGR Stock
According to Spark, TipRanks’ AI Analyst, GB:AGR is a Outperform.
Assura plc scores well due to its strong cash flow and technical indicators, alongside strategic corporate actions that enhance investor confidence. However, the company faces profitability challenges with recurring net losses, slightly offset by a strong dividend yield. Focus on improving operational efficiencies and leveraging its strong asset base could bolster future performance.
To see Spark’s full report on GB:AGR stock, click here.
More about Assura plc
Assura plc is a company operating in the healthcare real estate sector, focusing on the development and management of primary care properties across the UK.
Average Trading Volume: 24,131,983
Technical Sentiment Signal: Buy
Current Market Cap: £1.62B
For detailed information about AGR stock, go to TipRanks’ Stock Analysis page.