Hammerson’s (HMSO) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Hammerson (LON:HMSO) in a research note published on Monday, Marketbeat.com reports. The brokerage currently has a GBX 375 target price on the real estate investment trust’s stock.

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

Hammerson Stock Performance

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

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

Insider Buying and Selling at Hammerson

In other Hammerson news, insider Rob Wilkinson acquired 478 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of GBX 376 per share, for a total transaction of £1,797.28. 9.38% of the stock is currently owned by corporate insiders.

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.