Hammerson Plc (LON:HMSO - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 345.58 and traded as high as GBX 380. Hammerson shares last traded at GBX 375, with a volume of 484,547 shares traded.
Analyst Upgrades and Downgrades
HMSO has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Hammerson from GBX 370 to GBX 395 and gave the company a "hold" rating in a research report on Tuesday, August 11th. Berenberg Bank reissued a "buy" rating and issued a GBX 448 price target on shares of Hammerson in a research report on Thursday, July 30th. Jefferies Financial Group restated a "hold" rating and set a GBX 360 price objective on shares of Hammerson in a report on Friday, July 31st. Finally, Citigroup raised their price objective on shares of Hammerson from GBX 385 to GBX 454 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Hammerson presently has a consensus rating of "Moderate Buy" and an average target price of GBX 382.14.
Read Our Latest Research Report on Hammerson
Hammerson Price Performance
The stock has a market capitalization of £2.19 billion, a P/E ratio of 9.31, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. The business has a fifty day simple moving average of GBX 368.65 and a 200 day simple moving average of GBX 345.58. The company has a current ratio of 1.00, a quick ratio of 1.28 and a debt-to-equity ratio of 86.37.
Hammerson (LON:HMSO - Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. On average, analysts expect that Hammerson Plc will post 20.7491639 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Rob Wilkinson acquired 478 shares of the company's stock in a transaction on Thursday, August 13th. The shares were acquired at an average cost of GBX 376 per share, for a total transaction of £1,797.28. Company insiders own 10.26% of the company's stock.
About Hammerson
(
Get Free Report)
Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Hammerson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hammerson wasn't on the list.
While Hammerson currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
