Hammerson (HMSO) Given Hold Rating at Liberum Capital

Hammerson (LON:HMSO)‘s stock had its “hold” rating reissued by investment analysts at Liberum Capital in a research report issued on Wednesday. They currently have a GBX 610 ($8.73) target price on the real estate investment trust’s stock. Liberum Capital’s price objective would suggest a potential upside of 16.32% from the company’s previous close.

Several other brokerages also recently issued reports on HMSO. Morgan Stanley cut their price target on Hammerson from GBX 650 ($9.31) to GBX 520 ($7.45) and set an “overweight” rating for the company in a report on Tuesday, March 13th. Peel Hunt reiterated a “hold” rating and set a GBX 525 ($7.52) price objective on shares of Hammerson in a research report on Monday, March 19th. Numis Securities reiterated a “reduce” rating and set a GBX 518 ($7.42) price objective on shares of Hammerson in a research report on Monday, February 26th. Jefferies Group reiterated an “underperform” rating and set a GBX 440 ($6.30) price objective on shares of Hammerson in a research report on Thursday, January 18th. Finally, Credit Suisse Group increased their price objective on Hammerson from GBX 460 ($6.59) to GBX 550 ($7.88) and gave the stock a “neutral” rating in a research report on Thursday, March 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 577.77 ($8.27).

Shares of Hammerson stock opened at GBX 524.40 ($7.51) on Wednesday. Hammerson has a 1 year low of GBX 430.40 ($6.16) and a 1 year high of £523.38 ($749.40).

Hammerson (LON:HMSO) last announced its quarterly earnings results on Monday, February 26th. The real estate investment trust reported GBX 31.10 ($0.45) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 30.90 ($0.44) by GBX 0.20 ($0.00). Hammerson had a return on equity of 3.36% and a net margin of 97.06%. The business had revenue of £248.90 million during the quarter.

In related news, insider Timon Drakesmith purchased 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were bought at an average price of GBX 461 ($6.60) per share, for a total transaction of £69,150 ($99,012.03).

TRADEMARK VIOLATION NOTICE: This piece was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3372776/hammerson-hmso-given-hold-rating-at-liberum-capital.html.

Hammerson Company Profile

Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our portfolio of high-quality retail property has a value of around £10.5 billion and includes 23 prime shopping centres, 17 convenient retail parks and investments in 20 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture.

Analyst Recommendations for Hammerson (LON:HMSO)

Receive News & Ratings for Hammerson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hammerson and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Reliance Steel & Aluminum Co  Director Mark V. Kaminski Sells 8,200 Shares
Reliance Steel & Aluminum Co Director Mark V. Kaminski Sells 8,200 Shares
Copico  Hits 24 Hour Trading Volume of $1,269.00
Copico Hits 24 Hour Trading Volume of $1,269.00
Zacks: Liberty Broadband Corp Series C  Receives Consensus Recommendation of “Hold” from Analysts
Zacks: Liberty Broadband Corp Series C Receives Consensus Recommendation of “Hold” from Analysts
BatCoin  Trading 1.2% Lower  Over Last Week
BatCoin Trading 1.2% Lower Over Last Week
Happycoin Price Up 6.2% Over Last Week
Happycoin Price Up 6.2% Over Last Week
Pacific Biosciences  and PerkinElmer  Head-To-Head Analysis
Pacific Biosciences and PerkinElmer Head-To-Head Analysis


© 2006-2018 Ticker Report. Google+.