Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Time Out ( (GB:TMO) ) just unveiled an update.
Time Out Group plc has announced a conditional retail offer of new Ordinary Shares via RetailBook at a discounted price of 8 pence per share, aimed at raising capital to address seasonal working capital shortages, support market expansion plans, and prioritize investments in technology. Available exclusively to UK-based retail investors, the offer reflects the company’s commitment to involving its retail shareholder base and seeks to enhance operational resilience while aligning with broader growth objectives.
The most recent analyst rating on (GB:TMO) stock is a Hold with a £19.00 price target. To see the full list of analyst forecasts on Time Out stock, see the GB:TMO Stock Forecast page.
Spark’s Take on GB:TMO Stock
According to Spark, TipRanks’ AI Analyst, GB:TMO is a Neutral.
The overall stock score is driven by mixed financial performance and bearish technical indicators. However, the strategic expansion into India provides a positive outlook for future growth. The negative P/E ratio and lack of dividend yield weigh on the valuation.
To see Spark’s full report on GB:TMO stock, click here.
More about Time Out
Time Out Group plc operates as a global media and hospitality business, delivering services spanning publishing, event organization, and curated experiences primarily aimed at urban culture enthusiasts. The company focuses on connecting consumers to arts, entertainment, food, and city-based activities.
Average Trading Volume: 56,423
Technical Sentiment Signal: Sell
Current Market Cap: £41.1M
See more data about TMO stock on TipRanks’ Stock Analysis page.