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

Hammerson (LON:HMSO – Get Free Report)‘s stock had its “hold” rating reissued by analysts at Jefferies Financial Group in a note issued to investors on Monday, MarketBeat reports. They currently have a GBX 375 price objective on the real estate investment trust’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 12.61% from the company’s previous close.

A number of other brokerages have also weighed in on HMSO. Berenberg Bank cut their price objective on Hammerson from GBX 448 to GBX 423 and set a “buy” rating on the stock in a report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft lifted their target price on Hammerson from GBX 370 to GBX 395 and gave the stock a “hold” rating in a report on Tuesday, August 11th. Finally, Citigroup increased their price target on shares of Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Four 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 380.71.

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Hammerson Stock Performance

Shares of HMSO traded down GBX 1.40 during trading hours on Monday, reaching GBX 333. 119,708 shares of the company traded hands, compared to its average volume of 8,409,106. The stock has a market capitalization of £1.94 billion, a P/E ratio of 8.26, a P/E/G ratio of 1.68 and a beta of 1.79. The company has a quick ratio of 1.28, a current ratio of 1.00 and a debt-to-equity ratio of 86.37. Hammerson has a 12-month low of GBX 280.40 and a 12-month high of GBX 391.80. The business has a fifty day moving average price of GBX 361.44 and a 200-day moving average price of GBX 346.84.

Hammerson (LON:HMSO – Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share (EPS) for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. Equities analysts anticipate that Hammerson will post 20.7491639 EPS for the current fiscal year.

Insider Buying and Selling

In other Hammerson news, insider Rob Wilkinson acquired 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

(Get Free Report)

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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