Brokerages Set Hammerson Plc (LON:HMSO) PT at GBX 346.71

Hammerson Plc (LON:HMSO) has been given an average rating of “Hold” by the seven research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 346.71.

Several equities research analysts recently commented on HMSO shares. Berenberg Bank increased their price target on Hammerson from GBX 405 to GBX 409 and gave the company a “buy” rating in a report on Tuesday, January 27th. The Goldman Sachs Group cut their price target on Hammerson from GBX 361 to GBX 338 and set a “neutral” rating for the company in a report on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Hammerson from GBX 320 to GBX 370 and gave the company a “hold” rating in a report on Friday, March 20th.

Hammerson Price Performance

LON:HMSO opened at GBX 320.20 on Thursday. Hammerson has a one year low of GBX 252.40 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 £1.70 billion, a PE ratio of 6.96, a P/E/G ratio of 1.68 and a beta of 1.79. The stock has a 50 day moving average price of GBX 325.24 and a 200 day moving average price of GBX 327.13.

Hammerson (LON:HMSO) last posted 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%. Equities research analysts expect that Hammerson will post 20.7491639 EPS for the current fiscal year.

Insider Activity at Hammerson

In related news, insider Rob Wilkinson sold 72,328 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total value of £239,405.68. Also, insider Himanshu Raja sold 58,428 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of GBX 335, for a total value of £195,733.80. 10.28% of the stock is currently owned by company insiders.

Hammerson Company Profile

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.