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The latest update is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc has executed a transaction under its share buyback programme, purchasing 27,719 ordinary shares at a volume-weighted average price of 290.84 pence per share. This move is part of a broader strategy to manage the company’s capital structure, and since October 2024, Hammerson has repurchased a total of 15,952,290 shares, indicating a significant commitment to returning value to shareholders.
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 stock score reflects a mix of financial challenges and strategic initiatives. The company’s profitability and cash flow issues weigh on the score, but positive technical indicators and strategic buybacks provide support. The earnings call and corporate events highlight operational improvements, but concerns remain about valuation metrics.
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 primarily focuses on retail property development and management. The company is involved in the acquisition, development, and management of shopping centers and retail parks across the UK and Europe.
Average Trading Volume: 984,649
Technical Sentiment Signal: Buy
Current Market Cap: £1.39B
Find detailed analytics on HMSO stock on TipRanks’ Stock Analysis page.