Hammerson’s (HMSO) Hold Rating Reaffirmed at Jefferies Financial Group

Hammerson (LON:HMSO – Get Free Report)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Monday, Marketbeat Ratings reports. They currently have a GBX 375 price objective on the real estate investment trust’s stock. Jefferies Financial Group’s price objective points to a potential upside of 14.47% from the company’s current price.

A number of other research firms have also recently commented on HMSO. Deutsche Bank Aktiengesellschaft raised their target price on Hammerson from GBX 370 to GBX 395 and gave the company a “hold” rating in a research report on Tuesday, August 11th. Citigroup raised their price objective on Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Berenberg Bank decreased their price target on shares of Hammerson from GBX 448 to GBX 423 and set a “buy” rating for the company in a research report on Tuesday, September 15th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Hammerson presently has an average rating of “Moderate Buy” and an average target price of GBX 380.71.

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Hammerson Price Performance

Shares of HMSO traded down GBX 6.80 during midday trading on Monday, hitting GBX 327.60. 1,266,290 shares of the company traded hands, compared to its average volume of 8,415,047. The company has a debt-to-equity ratio of 86.37, a quick ratio of 1.28 and a current ratio of 1.00. The stock has a market cap of £1.91 billion, a price-to-earnings ratio of 8.13, a PEG ratio of 1.68 and a beta of 1.79. Hammerson has a 52 week low of GBX 280.40 and a 52 week high of GBX 391.80. The firm has a 50 day moving average of GBX 361.44 and a 200-day moving average of GBX 346.84.

Hammerson (LON:HMSO – Get Free Report) last released its earnings results 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%. On average, analysts forecast that Hammerson will post 20.7491639 EPS for the current fiscal year.

Insider Activity

In other Hammerson news, insider Rob Wilkinson purchased 478 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were bought at an average cost of GBX 376 per share, with a total value of £1,797.28. Insiders own 9.38% of the company’s stock.

About Hammerson

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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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