Hammerson PLC (OTCMKTS:HMSNF) Receives Average Rating of “Moderate Buy” from Brokerages

Hammerson PLC (OTCMKTS:HMSNF – Get Free Report) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of brokerages have recently commented on HMSNF. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hammerson in a research note on Wednesday, August 12th. Barclays reissued an “overweight” rating on shares of Hammerson in a report on Monday, August 24th. Citigroup restated a “buy” rating on shares of Hammerson in a research report on Wednesday, August 5th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Hammerson in a report on Tuesday, September 1st.

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Hammerson Trading Down 13.6%

OTCMKTS HMSNF opened at $4.23 on Friday. The stock has a 50-day simple moving average of $5.06 and a two-hundred day simple moving average of $4.66. Hammerson has a fifty-two week low of $3.68 and a fifty-two week high of $5.20.

About Hammerson

(Get Free Report)

Hammerson plc is a United Kingdom-based real estate company that owns, develops and manages urban retail and leisure destinations. Its portfolio is focused on prominent shopping centres, retail parks, outlet villages and mixed-use locations designed to combine retail, dining, entertainment and other services.

The company works with retailers, hospitality operators and leisure businesses to manage its destinations and enhance the experience for visitors. Hammerson also undertakes property development and asset-management activities, including the redevelopment and repositioning of existing sites to support changing consumer and tenant needs.

Hammerson was founded in 1942 by Lewis Hammerson and has grown into a major European property group.

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