Hansteen (LON:HSTN) was downgraded by Liberum Capital to a “hold” rating in a report released on Thursday. They currently have a GBX 140 ($1.88) price objective on the real estate investment trust’s stock, up from their prior price objective of GBX 135 ($1.82). Liberum Capital’s price objective indicates a potential upside of 3.91% from the company’s previous close.

Other analysts also recently issued reports about the company. Peel Hunt reiterated a “buy” rating and issued a GBX 135 ($1.82) price target on shares of Hansteen in a report on Wednesday, August 23rd. J P Morgan Chase & Co reiterated an “underweight” rating and issued a GBX 134 ($1.80) price target on shares of Hansteen in a report on Wednesday, November 29th. Finally, Numis Securities reiterated an “add” rating and issued a GBX 143 ($1.92) price target on shares of Hansteen in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 137 ($1.84).

Shares of Hansteen (LON HSTN) opened at GBX 134.73 ($1.81) on Thursday. Hansteen has a twelve month low of GBX 105.60 ($1.42) and a twelve month high of GBX 147.90 ($1.99).

In other Hansteen news, insider Morgan Lewis Jones sold 316,707 shares of the company’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of GBX 135 ($1.82), for a total value of £427,554.45 ($575,443.41). Also, insider Ian Richard Watson sold 618,033 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of GBX 140 ($1.88), for a total transaction of £865,246.20 ($1,164,530.55).

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Hansteen Company Profile

Hansteen Holdings PLC is a real estate investment trust (REIT). The Company’s principal activities consist of property investment, development, management and associated business, focusing on industrial property investments in Continental Europe and the United Kingdom. The Company’s segments are its geographical locations, which include Belgium, France, Germany, Netherlands and the United Kingdom.

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