Hammerson Plc (LON:HMSO) Stock Has Average Target Price of GBX 381.83

Hammerson Plc (LON:HMSO) has received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 381.83.

Several brokerages have recently weighed in on HMSO. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 351 target price on shares of Hammerson in a report on Thursday, October 15th. Berenberg Bank cut their price target on shares of Hammerson from GBX 448 to GBX 423 and set a “buy” rating for the company in a report on Tuesday, September 15th. Deutsche Bank raised their price objective 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. Finally, Citigroup lifted their price objective on Hammerson from GBX 385 to GBX 454 and gave the company a “buy” rating in a report on Wednesday, August 5th.

Hammerson Stock Up 0.6%

Shares of Hammerson stock opened at GBX 360 on Friday. Hammerson has a one year low of GBX 285.80 and a one year high of GBX 391.80. The company has a market cap of £2.10 billion, a P/E ratio of 8.93, a PEG ratio of 1.68 and a beta of 1.78. The company has a debt-to-equity ratio of 86.37, a quick ratio of 1.28 and a current ratio of 1.00. The firm has a fifty day moving average of GBX 346.24 and a two-hundred day moving average of GBX 347.30.

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.