Shares of Hammerson plc (LON:HMSO) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 26.83 ($0.35) and traded as high as GBX 41.29 ($0.54). Hammerson shares last traded at GBX 39.44 ($0.52), with a volume of 12,076,098 shares traded.
Several brokerages have recently commented on HMSO. JPMorgan Chase & Co. raised their target price on Hammerson from GBX 25 ($0.33) to GBX 40 ($0.52) and gave the company a “neutral” rating in a research note on Monday, April 12th. Royal Bank of Canada raised their target price on Hammerson from GBX 24 ($0.31) to GBX 30 ($0.39) and gave the company a “sector perform” rating in a research note on Thursday, April 15th. Finally, Liberum Capital reiterated a “sell” rating and set a GBX 27 ($0.35) price target on shares of Hammerson in a research note on Monday, April 12th. Six analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock currently has a consensus rating of “Sell” and a consensus price target of GBX 55.50 ($0.73).
The business’s fifty day moving average is GBX 36.69 and its 200 day moving average is GBX 26.83. The company has a current ratio of 1.71, a quick ratio of 1.57 and a debt-to-equity ratio of 74.61. The company has a market cap of £1.60 billion and a P/E ratio of -0.51.
The firm also recently announced a dividend, which will be paid on Thursday, May 13th. Shareholders of record on Thursday, April 1st will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, April 1st. This represents a yield of 6.13%.
Hammerson Company Profile (LON:HMSO)
At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.
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