Hammerson Plc (LON:HMSO) Given Average Rating of “Hold” by Brokerages

Shares of Hammerson Plc (LON:HMSO) have earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 346.71.

HMSO has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hammerson from GBX 320 to GBX 370 and gave the stock a “hold” rating in a report on Friday, March 20th. The Goldman Sachs Group reduced their target price on shares of Hammerson from GBX 361 to GBX 338 and set a “neutral” rating for the company in a report on Monday, March 30th.

Hammerson Stock Performance

Shares of Hammerson stock opened at GBX 369.80 on Friday. The company has a market capitalization of £1.96 billion, a PE ratio of 8.04, a P/E/G ratio of 1.68 and a beta of 1.80. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26. The company has a 50-day simple moving average of GBX 337.98 and a two-hundred day simple moving average of GBX 334.83. Hammerson has a one year low of GBX 264 and a one year high of GBX 374.

Insider Buying and Selling

In other Hammerson news, insider Himanshu Raja sold 58,428 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of GBX 335, for a total value of £195,733.80. Corporate insiders own 10.31% of the company’s stock.

About Hammerson

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.