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The latest update is out from Hays plc ( (GB:HAS) ).
Hays plc has repurchased 200,000 of its ordinary shares on the London Stock Exchange as part of its treasury share purchase programme. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding these shares in treasury, which may impact the company’s market positioning and stakeholder interests.
The most recent analyst rating on (GB:HAS) stock is a Hold with a £61.00 price target. To see the full list of analyst forecasts on Hays plc stock, see the GB:HAS Stock Forecast page.
Spark’s Take on GB:HAS Stock
According to Spark, TipRanks’ AI Analyst, GB:HAS is a Neutral.
The overall stock score is primarily influenced by financial performance challenges, including negative revenue growth and profitability issues. Technical analysis provides a neutral outlook with slight upward momentum. Valuation is weak due to a negative P/E ratio, despite a modest dividend yield.
To see Spark’s full report on GB:HAS stock, click here.
More about Hays plc
Hays plc operates in the recruitment and human resources industry, providing staffing and workforce solutions across various sectors. The company focuses on connecting skilled professionals with businesses in need of talent, serving a global market with a strong presence in the UK.
Average Trading Volume: 3,854,361
Technical Sentiment Signal: Sell
Current Market Cap: £938.3M
For detailed information about HAS stock, go to TipRanks’ Stock Analysis page.