Hammerson Plc (LON:HMSO) Receives Average Rating of "Hold" from Analysts

Shares of Hammerson Plc (LON:HMSO - Get Free Report) have been assigned an average recommendation of "Hold" from the seven analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 346.71.

A number of brokerages have commented on HMSO. Deutsche Bank Aktiengesellschaft lifted their price target on Hammerson from GBX 320 to GBX 370 and gave the stock a "hold" rating in a research report on Friday, March 20th. Berenberg Bank boosted their price objective on Hammerson from GBX 405 to GBX 409 and gave the company a "buy" rating in a report on Tuesday, January 27th. Finally, The Goldman Sachs Group decreased their price objective on Hammerson from GBX 361 to GBX 338 and set a "neutral" rating for the company in a report on Monday, March 30th.

Insider Activity

In other news, insider Himanshu Raja sold 58,428 shares of the business's stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of GBX 335, for a total value of £195,733.80. Also, insider Rob Wilkinson sold 72,328 shares of the business's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 331, for a total value of £239,405.68. Insiders own 10.28% of the company's stock.

Hammerson Stock Performance

Shares of HMSO opened at GBX 337.80 on Thursday. The stock has a 50-day moving average of GBX 327.14 and a two-hundred day moving average of GBX 326.43. Hammerson has a one year low of GBX 247.20 and a one year high of GBX 373. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26. The stock has a market cap of £1.79 billion, a P/E ratio of 7.34, a P/E/G ratio of 1.68 and a beta of 1.81.

Hammerson (LON:HMSO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported GBX 46 EPS for the quarter. Hammerson had a return on equity of 11.77% and a net margin of 109.58%. As a group, research analysts predict that Hammerson will post 20.7491639 EPS for the current year.

About Hammerson

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.

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