Zacks Investment Research upgraded shares of Hammerson (NASDAQ:HMSNF) from a hold rating to a buy rating in a research note published on Wednesday. The brokerage currently has $7.75 price target on the stock.

According to Zacks, “Hammerson plc is a real estate investment trust. The company’s portfolio includes commercial buildings, offices and shopping centers. It operates primarily in United Kingdom, Germany and France. Hammerson plc is based in London, the United Kingdom. “

Hammerson (HMSNF) opened at 7.36 on Wednesday. The company has a 50-day moving average price of $7.55 and a 200 day moving average price of $7.25. The company has a market cap of $5.83 billion and a PE ratio of 10.26. Hammerson has a 52 week low of $6.48 and a 52 week high of $7.74.

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