Hammerson PLC (OTCMKTS:HMSNF) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Hammerson PLC (OTCMKTS:HMSNF) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

HMSNF has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Hammerson in a research note on Wednesday, August 12th. Citigroup reiterated a “buy” rating on shares of Hammerson in a research note on Wednesday, August 5th. Barclays reissued an “overweight” rating on shares of Hammerson in a report on Monday, August 24th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Hammerson in a report on Tuesday, September 1st.

Hammerson Stock Performance

Shares of OTCMKTS:HMSNF opened at $4.23 on Wednesday. Hammerson has a 52-week low of $3.68 and a 52-week high of $5.20. The company has a 50-day simple moving average of $4.76 and a 200 day simple moving average of $4.60.

About Hammerson

Hammerson plc is a United Kingdom-based real estate investment and development company focused on owning, developing and managing prime retail and mixed-use destinations. Its portfolio includes shopping centres, urban retail districts, outlets and other commercial properties designed to combine retail, leisure, dining, office and residential uses.

The company’s activities are concentrated primarily in the United Kingdom and Ireland, with a focus on major cities and high-quality retail locations.