Hammerson (LON:HMSO) Price Target Raised to GBX 395 at Deutsche Bank Aktiengesellschaft

Hammerson (LON:HMSO) had its target price increased by Deutsche Bank Aktiengesellschaft from GBX 370 to GBX 395 in a report published on Tuesday morning,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued research reports about the company. Citigroup increased their price target on Hammerson from GBX 385 to GBX 454 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 360 price objective on shares of Hammerson in a research note on Friday, July 31st. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 448 target price on shares of Hammerson in a research report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 382.14.

Hammerson Price Performance

HMSO stock opened at GBX 382.80 on Tuesday. The company has a fifty day moving average price of GBX 362.41 and a 200-day moving average price of GBX 344.14. The company has a market capitalization of £2.23 billion, a P/E ratio of 9.50, a PEG ratio of 1.68 and a beta of 1.79. Hammerson has a 52-week low of GBX 264 and a 52-week high of GBX 391.80. The company has a debt-to-equity ratio of 86.37, a quick ratio of 1.28 and a current ratio of 1.00.

Hammerson (LON:HMSO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. As a group, equities 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.