Hammerson Plc (LON:HMSO) Receives Average Rating of “Hold” from Brokerages

Shares of Hammerson Plc (LON:HMSO) have been assigned a consensus rating of “Hold” from the seven analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 346.71.

Several research firms have issued reports on HMSO. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Hammerson from GBX 320 to GBX 370 and gave the company a “hold” rating in a research report on Friday, March 20th. The Goldman Sachs Group lowered their price objective on shares of Hammerson from GBX 361 to GBX 338 and set a “neutral” rating for the company in a research report on Monday, March 30th.

Insider Buying and Selling at Hammerson

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

Hammerson Price Performance

Hammerson stock opened at GBX 343.20 on Monday. The stock has a market cap of £1.82 billion, a price-to-earnings ratio of 7.46, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. The company has a debt-to-equity ratio of 80.80, a current ratio of 4.26 and a quick ratio of 1.28. Hammerson has a 1 year low of GBX 264 and a 1 year high of GBX 373. The firm has a 50-day moving average of GBX 322.93 and a two-hundred day moving average of GBX 329.22.

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.