Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Hill & Smith Holdings ( (GB:HILS) ) has issued an update.
Hill & Smith PLC, a company involved in a £100m share buyback program, announced the purchase and cancellation of 12,000 ordinary shares at prices ranging from 2,060 to 2,090 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s strategic effort to manage its share capital and enhance shareholder value, reducing the total number of shares in issue to 80,252,105.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2650.00 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: 214,027
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.68B
For a thorough assessment of HILS stock, go to TipRanks’ Stock Analysis page.