Hammerson (LON:HMSO) Given Hold Rating at Jefferies Financial Group

Hammerson (LON:HMSO)‘s stock had its “hold” rating restated by stock analysts at Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 351 price objective on the real estate investment trust’s stock. Jefferies Financial Group’s price objective would indicate a potential upside of 3.24% from the stock’s current price.

A number of other research analysts also recently issued reports on HMSO. Berenberg Bank lowered their price target on Hammerson from GBX 448 to GBX 423 and set a “buy” rating on the stock in a report on Tuesday, September 15th. Citigroup lifted their price objective on Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Hammerson from GBX 370 to GBX 395 and gave the stock a “hold” rating in a research report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 381.83.

Hammerson Trading Up 1.4%

LON:HMSO opened at GBX 340 on Thursday. The stock has a market cap of £1.98 billion, a price-to-earnings ratio of 8.44, a PEG ratio of 1.68 and a beta of 1.79. 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 355.55 and its 200-day moving average price is GBX 347.37. Hammerson has a 52 week low of GBX 285.80 and a 52 week high of GBX 391.80.

Hammerson (LON:HMSO) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 12.10 EPS for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. On average, equities research analysts forecast that Hammerson will post 20.75 earnings per share for the current fiscal year.

Insider Activity at Hammerson

In other news, insider Rob Wilkinson bought 478 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were bought at an average price of GBX 376 per share, with a total value 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.