Hammerson plc (LON:HMSO)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Sunday. They presently have a GBX 750 ($9.37) price target on the real estate investment trust’s stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 35.14% from the company’s previous close.

Several other brokerages also recently weighed in on HMSO. Numis Securities Ltd cut their price target on Hammerson plc from GBX 600 ($7.50) to GBX 574 ($7.17) and set a “hold” rating on the stock in a report on Tuesday, August 16th. Liberum Capital restated a “hold” rating and set a GBX 550 ($6.87) price target on shares of Hammerson plc in a report on Thursday, September 22nd. Deutsche Bank AG restated a “buy” rating and set a GBX 725 ($9.06) price target on shares of Hammerson plc in a report on Tuesday, July 26th. BNP Paribas restated a “neutral” rating and set a GBX 580 ($7.25) price target on shares of Hammerson plc in a report on Monday, October 3rd. Finally, Peel Hunt cut their price target on Hammerson plc from GBX 650 ($8.12) to GBX 550 ($6.87) and set a “hold” rating on the stock in a report on Monday, July 25th. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 627.67 ($7.84).

Analyst Recommendations for Hammerson plc (LON:HMSO)

Shares of Hammerson plc (LON:HMSO) opened at 555.00 on Friday. The company’s 50 day moving average price is GBX 559.94 and its 200-day moving average price is GBX 561.67. Hammerson plc has a 12-month low of GBX 400.00 and a 12-month high of GBX 638.00. The firm’s market cap is GBX 4.36 billion.

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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