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An update from Hays plc ( (GB:HAS) ) is now available.
Hays plc has repurchased 200,000 of its ordinary shares on the London Stock Exchange as part of its treasury share purchase program. The shares will be held in treasury, bringing the total number of treasury shares to 3,279,397, with 1,597,153,695 shares remaining in issue. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
Hays plc’s overall stock score is primarily influenced by its financial performance and technical analysis. The company faces challenges in profitability and leverage, which are partially offset by strong cash flow management. Technical indicators suggest short-term bullish momentum, but valuation concerns persist due to a negative P/E ratio. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:HAS stock, click here.
More about Hays plc
Hays plc is a leading global professional recruiting group, operating in the recruitment industry. The company specializes in the placement of qualified, professional, and skilled people across a wide range of specialized industries and professions.
Average Trading Volume: 3,841,791
Technical Sentiment Signal: Sell
Current Market Cap: £953.6M
For detailed information about HAS stock, go to TipRanks’ Stock Analysis page.