Jefferies Financial Group Reaffirms “Hold” Rating for Hammerson (LON:HMSO)

Hammerson (LON:HMSO)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a report released on Friday,Digital Look reports. They currently have a GBX 360 price objective on the real estate investment trust’s stock. Jefferies Financial Group’s price target points to a potential downside of 4.36% from the stock’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 448 price objective on shares of Hammerson in a report on Thursday. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 366.

Hammerson Price Performance

Shares of LON HMSO opened at GBX 376.40 on Friday. The stock has a market capitalization of £2.00 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 1.68 and a beta of 1.79. Hammerson has a 12 month low of GBX 264 and a 12 month high of GBX 379. The firm’s 50 day simple moving average is GBX 356.22 and its 200-day simple moving average is GBX 341.84. 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 (LON:HMSO) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share (EPS) for the quarter. Hammerson had a net margin of 109.58% and a return on equity of 11.77%. Analysts expect that Hammerson will post 20.7491639 EPS for the current 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.