Rita-Rose Gagné Sells 126,260 Shares of Hammerson (LON:HMSO) Stock

Hammerson Plc (LON:HMSO) insider Rita-Rose Gagné sold 126,260 shares of Hammerson stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of GBX 309, for a total value of £390,143.40.

Rita-Rose Gagné also recently made the following trade(s):

• On Wednesday, December 10th, Rita-Rose Gagné sold 136,226 shares of Hammerson stock. The stock was sold at an average price of GBX 307, for a total value of £418,213.82.
• On Tuesday, December 9th, Rita-Rose Gagné sold 279,905 shares of Hammerson stock. The shares were sold at an average price of GBX 308, for a total transaction of £862,107.40.

Hammerson Price Performance

LON HMSO opened at GBX 322 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 10.65 and a debt-to-equity ratio of 80.77. The stock has a market capitalization of £1.70 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. Hammerson Plc has a 12-month low of GBX 219.20 and a 12-month high of GBX 328.90. The company has a 50 day moving average price of GBX 309.43 and a two-hundred day moving average price of GBX 298.03.

Analyst Upgrades and Downgrades

HMSO has been the subject of a number of recent research reports. Jefferies Financial Group upped their price objective on shares of Hammerson from GBX 234 to GBX 245 and gave the stock an “underperform” rating in a report on Tuesday, October 28th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 350 price target on shares of Hammerson in a research report on Friday, October 10th. Panmure Gordon reiterated a “buy” rating and set a GBX 330 price target on shares of Hammerson in a research note on Monday, November 24th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Hammerson from GBX 300 to GBX 320 and gave the company a “hold” rating in a research note on Monday, November 24th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Hammerson has an average rating of “Hold” and a consensus price target of GBX 326.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.