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Braemar Shipping Services ( (GB:BMS) ) has shared an update.
Braemar Plc has applied for the admission of 606,416 new ordinary shares to the FCA’s Official List and to trading on the London Stock Exchange’s Main Market, with trading expected to commence on 9 January 2026. The new shares, issued as part of the contractual consideration for the acquisition of US shipbroker Southport Maritime Inc., will rank pari passu with existing shares and increase Braemar’s issued share capital to 33,067,603 ordinary shares, a change that may affect shareholder disclosure thresholds under FCA rules and underscores the group’s ongoing expansion in the shipbroking market.
The most recent analyst rating on (GB:BMS) stock is a Hold with a £227.00 price target. To see the full list of analyst forecasts on Braemar Shipping Services stock, see the GB:BMS Stock Forecast page.
Spark’s Take on GB:BMS Stock
According to Spark, TipRanks’ AI Analyst, GB:BMS is a Neutral.
Braemar Shipping Services’ strong financial performance and positive corporate events are offset by weak technical indicators. The stock is reasonably valued with a decent dividend yield, but bearish momentum and oversold conditions suggest caution. The company’s strategic initiatives and resilient performance in a challenging market add a positive outlook for the future.
To see Spark’s full report on GB:BMS stock, click here.
More about Braemar Shipping Services
Braemar Plc, listed on the London Stock Exchange under the symbol BMS, is a leading provider of expert investment, chartering and risk management advice to the global shipping and energy markets. The company’s experienced brokers work alongside specialist professionals to deliver integrated, tailored services that help clients secure sustainable returns and manage risk in a volatile sector.
Average Trading Volume: 32,239
Technical Sentiment Signal: Sell
Current Market Cap: £69.13M
For detailed information about BMS stock, go to TipRanks’ Stock Analysis page.