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Assura plc ( (GB:AGR) ) has shared an announcement.
Assura plc has announced a recommended best and final increased cash offer from Sana Bidco Limited, a company indirectly owned by KKR and Stonepeak. The offer values Assura’s share capital at approximately £1,696 million, representing a significant premium over previous valuations. The Assura Board has decided to recommend this offer over a competing offer from Primary Health Properties plc (PHP) due to concerns about financial and execution risks associated with the PHP proposal. The decision is expected to provide Assura shareholders with a higher value realization and less risk.
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
Average Trading Volume: 30,211,224
Technical Sentiment Signal: Buy
Current Market Cap: £1.58B
For a thorough assessment of AGR stock, go to TipRanks’ Stock Analysis page.