Hammerson (LON:HMSO) Insider Buys £502,969.14 in Stock

Hammerson Plc (LON:HMSO) insider Rob Wilkinson purchased 155,718 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were bought at an average price of GBX 323 per share, with a total value of £502,969.14.

Hammerson Stock Down 0.3%

HMSO stock opened at GBX 321 on Thursday. The stock has a market capitalization of £1.70 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. The company has a fifty day moving average of GBX 309.89 and a 200-day moving average of GBX 298.19. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. Hammerson Plc has a one year low of GBX 219.20 and a one year high of GBX 328.90.

Analysts Set New Price Targets

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