Hammerson (LON:HMSO) Earns “Buy” Rating from Berenberg Bank

Hammerson (LON:HMSO – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 448 price objective on the real estate investment trust’s stock. Berenberg Bank’s target price would indicate a potential upside of 20.37% from the company’s previous close.

Hammerson Trading Up 0.9%

HMSO opened at GBX 372.20 on Thursday. 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 fifty-two week low of GBX 264 and a fifty-two week high of GBX 377. The company’s 50 day moving average price is GBX 355.43 and its two-hundred day moving average price is GBX 341.70. The firm has a market capitalization of £1.97 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 1.68 and a beta of 1.79.

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Hammerson Company Profile

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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.

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