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Hays plc ( (GB:HAS) ) has provided an announcement.
Hays plc has repurchased 200,000 of its ordinary shares on the London Stock Exchange as part of its treasury share purchase programme. This move is part of their strategy to manage their capital structure, holding these shares in treasury, which impacts their total shares in issue and potentially influences shareholder value.
The most recent analyst rating on (GB:HAS) stock is a Hold with a £60.00 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 is primarily influenced by financial performance challenges, including negative revenue growth and profitability issues. Technical analysis provides a neutral outlook with slight upward momentum. Valuation is weak due to a negative P/E ratio, despite a modest dividend yield.
To see Spark’s full report on GB:HAS stock, click here.
More about Hays plc
Hays plc operates in the recruitment industry, providing staffing and human resources services. The company focuses on connecting professionals with businesses across various sectors, enhancing workforce solutions globally.
Average Trading Volume: 3,870,544
Technical Sentiment Signal: Sell
Current Market Cap: £943M
Learn more about HAS stock on TipRanks’ Stock Analysis page.