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Helios Underwriting ( (GB:HUW) ) has issued an announcement.
Helios Underwriting plc announced the results of its Tender Offer, where 3,052,013 Ordinary Shares will be purchased at 238 pence each, returning approximately £7.26 million to shareholders. Following the completion of the Tender Offer, the total voting rights in Helios will be 69,585,918, impacting shareholder calculations under the FCA’s rules.
The most recent analyst rating on (GB:HUW) stock is a Hold with a £225.00 price target. To see the full list of analyst forecasts on Helios Underwriting stock, see the GB:HUW Stock Forecast page.
Spark’s Take on GB:HUW Stock
According to Spark, TipRanks’ AI Analyst, GB:HUW is a Neutral.
The overall stock score of 60 reflects a balance between the company’s undervalued position and its operational challenges. The strong valuation metrics are offset by significant risks in financial performance, particularly in cash flow management. Technical indicators suggest moderate bullish momentum, but the company’s ability to address its financial challenges will be critical for future performance.
To see Spark’s full report on GB:HUW stock, click here.
More about Helios Underwriting
Helios Underwriting plc is a publicly traded company that provides instant access to a diverse portfolio of syndicates at Lloyd’s of London.
Average Trading Volume: 33,217
Technical Sentiment Signal: Strong Buy
Current Market Cap: £156M
For a thorough assessment of HUW stock, go to TipRanks’ Stock Analysis page.