Hays plc Appoints BNP Paribas as Joint Corporate Broker

Hays plc ( (GB:HAS) ) just unveiled an update.

Hays plc has appointed BNP Paribas as its Joint Corporate Broker alongside UBS, effective immediately. This strategic move is expected to enhance Hays’ financial operations and strengthen its market positioning. The appointment reflects Hays’ ongoing efforts to capitalize on structural growth opportunities in the global recruitment market, driven by its diversified and international business model.

The most recent analyst rating on (GB:HAS) stock is a Hold with a £1.04 price target. To see the full list of analyst forecasts on Hays plc stock, see the GB:HAS Stock Forecast page.

Spark’s Take on GB:HAS Stock

According to Spark, TipRanks’ AI Analyst, GB:HAS is a Neutral.

The overall stock score of 60.3 reflects significant challenges in financial performance and valuation, with declining revenue and profitability. The stock’s technical indicators suggest bearish momentum, while corporate events highlight both negative market conditions and some internal confidence. The absence of favorable earnings call data limits the potential for a higher score.

To see Spark’s full report on GB:HAS stock, click here.

More about Hays plc

Hays plc is a global recruitment company with approximately 9,900 employees across 226 offices in 33 countries. The company operates in various industries, focusing on recruitment in 21 professional and skilled specialisms, with significant contributions from Technology, Accountancy & Finance, Engineering, and Construction & Property sectors. Hays has a diversified business model with a substantial portion of its net fees generated from international markets and a mix of temporary and permanent placements.

Average Trading Volume: 3,584,112

Technical Sentiment Signal: Sell

Current Market Cap: £1.05B

For a thorough assessment of HAS stock, go to TipRanks’ Stock Analysis page.