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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an update.
Hammerson plc has executed a transaction under its share buyback program, purchasing 40,996 of its ordinary shares at an average price of 292.71 pence per share. This move is part of a broader strategy initiated in October 2024, through which the company has acquired a total of 15,794,122 shares, reflecting its commitment to enhancing shareholder value and optimizing its 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 stock score reflects a mixed outlook. The company’s strategic initiatives and operational improvements provide a positive outlook, as highlighted in the earnings call. However, significant financial challenges, including high leverage and negative profitability metrics, weigh down the score. Technical indicators are moderately favorable, but the negative P/E ratio and high dividend yield indicate valuation concerns.
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 within the property industry. The company is primarily focused on managing and developing retail properties, including shopping centers and retail parks, across various markets.
Average Trading Volume: 1,048,471
Technical Sentiment Signal: Buy
Current Market Cap: £1.41B
For an in-depth examination of HMSO stock, go to TipRanks’ Overview page.