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Springfield Properties PLC ( (GB:SPR) ) has issued an update.
Springfield Properties plc has issued 45,476 new ordinary shares of 0.125 pence each following the exercise of employee share options, and these shares have been admitted to trading on AIM under the company’s existing block listing. As a result, the Group’s issued share capital now comprises 119,147,446 ordinary shares with full voting rights and no shares held in treasury, a new denominator that shareholders must use when calculating and disclosing their interests under the FCA’s Disclosure Guidance and Transparency Rules.
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 Scottish housebuilder focused on delivering both private and affordable housing, with its ordinary shares listed on AIM under the ticker SPR. The Group operates across Scotland’s residential property market, serving homebuyers and housing providers through new-build developments.
Average Trading Volume: 297,899
Technical Sentiment Signal: Buy
Current Market Cap: £159.6M
For detailed information about SPR stock, go to TipRanks’ Stock Analysis page.