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The latest update is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc has executed a share buyback transaction as part of its previously announced program, purchasing 61,665 ordinary shares at an average price of 291.88 pence per share. This move is part of a broader strategy, having repurchased nearly 15 million shares since October 2024, indicating a focus on enhancing shareholder value and optimizing capital structure.
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 bolstered by positive technical indicators and strategic corporate actions like share buybacks, which enhance shareholder value. Despite these strengths, challenges in financial performance, particularly profitability and cash flow, weigh on the score. The high dividend yield provides some valuation support, making it attractive for income-focused investors.
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 operates in the property industry, focusing on the acquisition, development, and management of retail properties. The company is known for its portfolio of shopping centers and retail parks across the UK and Europe.
Average Trading Volume: 1,136,604
Technical Sentiment Signal: Buy
Current Market Cap: £1.41B
For detailed information about HMSO stock, go to TipRanks’ Stock Analysis page.