Peel Hunt reaffirmed their add rating on shares of Hammerson (LON:HMSO) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also recently commented on the stock. Liberum Capital reiterated a hold rating on shares of Hammerson in a research report on Wednesday, August 21st. Royal Bank of Canada downgraded shares of Hammerson to a sector performer rating and set a GBX 290 ($3.79) price target for the company. in a research note on Wednesday, October 16th. Morgan Stanley cut their price objective on shares of Hammerson from GBX 280 ($3.66) to GBX 230 ($3.01) and set an equal weight rating on the stock in a report on Monday, September 2nd. UBS Group reaffirmed a sell rating on shares of Hammerson in a research note on Tuesday, November 5th. Finally, HSBC lowered their target price on shares of Hammerson from GBX 400 ($5.23) to GBX 356 ($4.65) and set a buy rating for the company in a report on Wednesday, November 27th. Five analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 321 ($4.19).
Shares of LON:HMSO opened at GBX 310 ($4.05) on Tuesday. The company has a current ratio of 0.87, a quick ratio of 0.74 and a debt-to-equity ratio of 65.05. Hammerson has a 1-year low of GBX 202.90 ($2.65) and a 1-year high of GBX 396.40 ($5.18). The stock has a market capitalization of $2.33 billion and a P/E ratio of -3.72. The business has a 50-day moving average price of GBX 296.12 and a two-hundred day moving average price of GBX 272.23.
We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.
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