Hammerson plc (LON:HMSO)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Monday. They currently have a GBX 750 ($9.37) price objective on the real estate investment trust’s stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 35.26% from the company’s previous close.

Several other equities research analysts have also recently weighed in on HMSO. Citigroup Inc. reissued a “buy” rating and set a GBX 647 ($8.08) price target on shares of Hammerson plc in a research report on Monday, July 18th. Goldman Sachs Group Inc. reissued a “buy” rating and set a GBX 670 ($8.37) price target on shares of Hammerson plc in a research report on Wednesday, July 20th. Peel Hunt dropped their price target on shares of Hammerson plc from GBX 650 ($8.12) to GBX 550 ($6.87) and set a “hold” rating for the company in a research report on Monday, July 25th. Numis Securities Ltd reissued a “hold” rating and set a GBX 600 ($7.50) price target on shares of Hammerson plc in a research report on Monday, July 25th. Finally, Jefferies Group raised shares of Hammerson plc to a “hold” rating and set a GBX 473 ($5.91) price target for the company in a research report on Tuesday, July 26th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 627.67 ($7.84).

Analyst Recommendations for Hammerson plc (LON:HMSO)

Shares of Hammerson plc (LON:HMSO) opened at 554.50 on Monday. The stock’s 50 day moving average is GBX 563.38 and its 200 day moving average is GBX 562.17. The company’s market capitalization is GBX 4.36 billion. Hammerson plc has a 52-week low of GBX 400.00 and a 52-week high of GBX 638.00.

About Hammerson plc

Hammerson plc is a United Kingdom-based real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments are United Kingdom (UK) and France. The Company’s properties include shopping centers, convenient retail parks and premium outlet villages.

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