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The latest announcement is out from Springfield Properties PLC ( (GB:SPR) ).
Springfield Properties plc has disclosed that its Chief Executive Officer, Innes Smith, has sold 100,000 ordinary shares in the company at 132.5 pence per share as part of routine financial planning. Following this transaction, Smith, including the holdings of his wife and children, retains an interest in 896,644 ordinary shares, representing approximately 0.8% of Springfield’s issued share capital, indicating that he continues to hold a meaningful personal stake in the Scottish housebuilder.
The most recent analyst rating on (GB:SPR) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on Springfield Properties PLC stock, see the GB:SPR Stock Forecast page.
Spark’s Take on GB:SPR Stock
According to Spark, TipRanks’ AI Analyst, GB:SPR is a Outperform.
Springfield Properties PLC scores well due to strong financial performance, positive technical indicators, and attractive valuation. The strategic focus on North Scotland and recent corporate developments further bolster its prospects. However, the decline in free cash flow growth is a concern that needs addressing to sustain long-term growth.
To see Spark’s full report on GB:SPR stock, click here.
More about Springfield Properties PLC
Springfield Properties plc is a leading housebuilder in Scotland, specialising in the development of private and affordable housing. Listed on AIM, the Group focuses on delivering residential communities across the Scottish market, serving both private homebuyers and the affordable housing sector.
Average Trading Volume: 302,142
Technical Sentiment Signal: Buy
Current Market Cap: £160.3M
See more insights into SPR stock on TipRanks’ Stock Analysis page.