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The latest announcement is out from Hill & Smith Holdings ( (GB:HILS) ).
Hill & Smith PLC has announced a £100 million share buyback program, set to be completed by March 2027, as part of its strategy to return capital to shareholders while maintaining its target leverage range. The program, which will be executed by joint brokers Deutsche Numis and Jefferies, reflects the company’s strong balance sheet and cash generation capabilities, and is expected to enhance shareholder value by reducing share capital.
The most recent analyst rating on (GB:HILS) stock is a Buy with a £2500.00 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’ stock is supported by strong financial performance and positive corporate events. Technical indicators show bullish momentum, but caution is advised due to overbought signals. The valuation appears reasonable, but the dividend yield anomaly should be investigated. Overall, the company is well-positioned for growth, but short-term volatility might occur due to technical factors.
To see Spark’s full report on GB:HILS stock, click here.
More about Hill & Smith Holdings
Hill & Smith PLC is a leading provider of solutions that enhance the resilience of vital infrastructure and the built environment. The company operates through three divisions: US Engineered Solutions, UK & India Engineered Solutions, and Galvanizing Services, providing steel and composite solutions for infrastructure markets such as power transmission, water management, and transport infrastructure. With a workforce of approximately 4,500, Hill & Smith is headquartered in the UK and listed on the London Stock Exchange.
Average Trading Volume: 186,975
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.58B
For detailed information about HILS stock, go to TipRanks’ Stock Analysis page.