Analysts Set Hammerson Plc (LON:HMSO) Target Price at GBX 346.71

Shares of Hammerson Plc (LON:HMSO) have been assigned an average rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 346.71.

HMSO has been the topic of a number of recent analyst reports. The Goldman Sachs Group lowered their price objective on Hammerson from GBX 361 to GBX 338 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft increased their price objective on Hammerson from GBX 320 to GBX 370 and gave the stock a “hold” rating in a research report on Friday, March 20th. Finally, Berenberg Bank increased their price objective on Hammerson from GBX 405 to GBX 409 and gave the stock a “buy” rating in a research report on Tuesday, January 27th.

Insider Transactions at Hammerson

In other Hammerson news, insider Rob Wilkinson sold 72,328 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total transaction of £239,405.68. Also, insider Himanshu Raja sold 58,428 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of GBX 335, for a total value of £195,733.80. Company insiders own 10.28% of the company’s stock.

Hammerson Trading Up 0.4%

Shares of HMSO stock opened at GBX 319.60 on Thursday. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26. Hammerson has a 52-week low of GBX 258.60 and a 52-week high of GBX 373. The company has a market capitalization of £1.69 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. The business’s fifty day moving average is GBX 323.43 and its 200 day moving average is GBX 327.32.

Hammerson (LON:HMSO) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported GBX 46 earnings per share (EPS) for the quarter. Hammerson had a return on equity of 11.77% and a net margin of 109.58%. On average, equities research analysts anticipate that Hammerson will post 20.7491639 EPS for the current fiscal year.

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.