Liberum Capital reissued their hold rating on shares of Hammerson (LON:HMSO) in a research note issued to investors on Monday. They currently have a GBX 610 ($8.43) price objective on the real estate investment trust’s stock.
A number of other research firms also recently issued reports on HMSO. Canaccord Genuity lowered their target price on Hammerson from GBX 655 ($9.05) to GBX 590 ($8.15) and set a buy rating on the stock in a research report on Friday, December 22nd. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 725 ($10.02) target price on shares of Hammerson in a research report on Friday, November 10th. Peel Hunt reaffirmed a hold rating and issued a GBX 550 ($7.60) target price on shares of Hammerson in a research report on Thursday, November 9th. Goldman Sachs Group raised Hammerson to a buy rating and set a GBX 625 ($8.63) target price on the stock in a research report on Friday, December 8th. Finally, Jefferies Group reaffirmed an underperform rating and issued a GBX 464 ($6.41) target price on shares of Hammerson in a research report on Friday, November 24th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 581.15 ($8.03).
Shares of Hammerson (HMSO) opened at GBX 447 ($6.18) on Monday. The stock has a market capitalization of $3,550.00 and a PE ratio of 912.24. Hammerson has a 12-month low of GBX 445.90 ($6.16) and a 12-month high of £523.38 ($723.10).
In other Hammerson news, insider Timon Drakesmith purchased 15,000 shares of Hammerson stock in a transaction that occurred on Tuesday, February 27th. The stock was acquired at an average price of GBX 461 ($6.37) per share, for a total transaction of £69,150 ($95,537.44).
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Hammerson plc is a real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments include United Kingdom, France and Ireland. The Company’s portfolio includes investments in approximately 20 prime shopping centers in the United Kingdom, France and Ireland, over 20 convenient retail parks in the United Kingdom and approximately 20 premium outlets across Europe.
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