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Hill & Smith Holdings ( (GB:HILS) ) has provided an update.
Hill & Smith PLC has executed a share buyback transaction, purchasing 11,371 ordinary shares at prices ranging from 2,205 to 2,240 pence per share. This move is part of their ongoing £100 million share buyback program, which aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares and demonstrating confidence in the company’s financial health.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2530.00 price target. To see the full list of analyst forecasts on Hill & Smith Holdings stock, see the GB:HILS Stock Forecast page.
Spark’s Take on GB:HILS Stock
According to Spark, TipRanks’ AI Analyst, GB:HILS is a Outperform.
Hill & Smith Holdings scores well due to its strong financial performance and strategic corporate actions like the share buyback program. While technical indicators show positive momentum, the overbought RSI suggests caution. The valuation is moderate, providing a balanced risk-reward profile.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Average Trading Volume: 129,159
Technical Sentiment Signal: Buy
Current Market Cap: £1.8B
For detailed information about HILS stock, go to TipRanks’ Stock Analysis page.