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The latest announcement is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc has successfully completed a non-pre-emptive placing of 48,253,994 ordinary shares, with 32,080,390 shares admitted to trading on the London Stock Exchange and Euronext Dublin. The company is awaiting approval from the South African Reserve Bank for the remaining shares to be listed on additional exchanges, which will further enhance its market presence and liquidity. The total number of voting rights in the company now stands at 514,691,343, providing shareholders with updated information for regulatory compliance.
The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.
Spark’s Take on GB:HMSO Stock
According to Spark, TipRanks’ AI Analyst, GB:HMSO is a Neutral.
Hammerson plc’s overall stock score is driven by strong technical analysis and strategic corporate events. Despite financial performance challenges, the company’s positive market momentum and strategic acquisitions offer potential for future growth.
To see Spark’s full report on GB:HMSO stock, click here.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that specializes in property development and management, primarily focusing on retail properties in the UK and Ireland. The company is involved in the acquisition, development, and management of shopping centers and retail parks, catering to a diverse range of consumers and retailers.
Average Trading Volume: 974,828
Technical Sentiment Signal: Buy
Current Market Cap: £1.42B
For an in-depth examination of HMSO stock, go to TipRanks’ Overview page.