Hammerson’s (HMSO) “Hold” Rating Reaffirmed at Jefferies Financial Group

Hammerson (LON:HMSO)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Financial Group in a research note issued to investors on Monday, MarketBeat Ratings reports. They currently have a GBX 375 target price on the real estate investment trust’s stock. Jefferies Financial Group’s price target would indicate a potential upside of 14.47% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Berenberg Bank decreased their price target on Hammerson from GBX 448 to GBX 423 and set a “buy” rating on the stock in a research report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on Hammerson from GBX 370 to GBX 395 and gave the company a “hold” rating in a research report on Tuesday, August 11th. Finally, Citigroup boosted their price objective on Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hammerson presently has an average rating of “Moderate Buy” and a consensus price target of GBX 380.71.

Hammerson Price Performance

LON:HMSO opened at GBX 327.60 on Monday. The firm has a market cap of £1.91 billion, a PE ratio of 8.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. Hammerson has a 12 month low of GBX 280.40 and a 12 month high of GBX 391.80. The company has a quick ratio of 1.28, a current ratio of 1.00 and a debt-to-equity ratio of 86.37. The company’s 50-day moving average price is GBX 360.61 and its two-hundred day moving average price is GBX 346.88.

Hammerson (LON:HMSO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a net margin of 86.23% and a return on equity of 11.84%. On average, equities analysts anticipate that Hammerson will post 20.7491639 EPS for the current fiscal year.

Insider Activity

In related news, insider Rob Wilkinson bought 478 shares of Hammerson stock in a transaction dated Thursday, August 13th. The shares were bought at an average cost of GBX 376 per share, for a total transaction of £1,797.28. Insiders own 9.38% of the company’s stock.

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.