Shares of Hammerson Plc (LON:HMSO – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 349.33 and traded as high as GBX 352. Hammerson shares last traded at GBX 348.80, with a volume of 1,464,161 shares trading hands.
Wall Street Analysts Forecast Growth
HMSO has been the topic of a number of analyst reports. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 351 price target on shares of Hammerson in a research report on Thursday, October 15th. Berenberg Bank reduced their target price on shares of Hammerson from GBX 448 to GBX 423 and set a “buy” rating on the stock in a research note on Tuesday, September 15th. Citigroup increased their target price on shares of Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Hammerson from GBX 370 to GBX 395 and gave the company a “hold” rating in a report on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 381.83.
View Our Latest Research Report on Hammerson
Hammerson Price Performance
The stock has a fifty day moving average of GBX 350.97 and a two-hundred day moving average of GBX 349.33. The stock has a market capitalization of £2.04 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 1.68 and a beta of 1.78. The company has a current ratio of 1.00, a quick ratio of 1.28 and a debt-to-equity ratio of 86.37.
Hammerson (LON:HMSO – Get Free Report) last issued its quarterly earnings data 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%. As a group, equities research analysts forecast that Hammerson Plc will post 20.75 earnings per share for the current year.
Insider Buying and Selling at Hammerson
In other Hammerson news, insider Rob Wilkinson bought 478 shares of the stock in a transaction dated Thursday, August 13th. The stock was bought at an average cost of GBX 376 per share, for a total transaction of £1,797.28. Company insiders own 9.38% of the company’s stock.
Hammerson Company Profile
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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