Hammerson Plc (LON:HMSO) Stock Has Average Target Price of GBX 381.83 According to Analysts

Hammerson Plc (LON:HMSO) has received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 381.83.

A number of research firms recently weighed in on HMSO. Berenberg Bank lowered their price objective on shares of Hammerson from GBX 448 to GBX 423 and set a “buy” rating on the stock in a research report on Tuesday, September 15th. Jefferies Financial Group reissued a “hold” rating and set a GBX 351 price objective on shares of Hammerson in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on Hammerson from GBX 370 to GBX 395 and gave the stock a “hold” rating in a report on Tuesday, August 11th. Finally, Citigroup lifted their price objective on shares of Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a research note on Wednesday, August 5th.

Hammerson Stock Performance

Shares of HMSO opened at GBX 357 on Friday. The company has a debt-to-equity ratio of 86.37, a current ratio of 1.00 and a quick ratio of 1.28. Hammerson has a one year low of GBX 285.80 and a one year high of GBX 391.80. The company has a 50-day simple moving average of GBX 347.29 and a two-hundred day simple moving average of GBX 346.97. The firm has a market capitalization of £2.08 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 1.68 and a beta of 1.78.

Insider Buying and Selling

In related news, insider Rob Wilkinson acquired 478 shares of the stock in a transaction on Thursday, August 13th. The stock was purchased at an average price of GBX 376 per share, for a total transaction of £1,797.28. Corporate insiders own 9.38% 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.