Hammerson Plc (LON:HMSO – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 327.88 and traded as high as GBX 338. Hammerson shares last traded at GBX 334.80, with a volume of 739,271 shares trading hands.
Analyst Ratings Changes
Several research firms recently issued reports on HMSO. Berenberg Bank upped their price target on shares of Hammerson from GBX 405 to GBX 409 and gave the company a “buy” rating in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Hammerson from GBX 320 to GBX 370 and gave the company a “hold” rating in a report on Friday, March 20th. Finally, The Goldman Sachs Group lowered their price target on shares of Hammerson from GBX 361 to GBX 338 and set a “neutral” rating for the company in a research report on Monday, March 30th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Hammerson presently has an average rating of “Hold” and an average price target of GBX 346.71.
Read Our Latest Research Report on HMSO
Hammerson Stock Up 1.7%
Hammerson (LON:HMSO – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported GBX 46 earnings per share (EPS) for the quarter. Hammerson had a net margin of 109.58% and a return on equity of 11.77%. On average, sell-side analysts predict that Hammerson Plc will post 20.7491639 earnings per share for the current fiscal year.
Insider Buying and Selling at Hammerson
In other Hammerson news, insider Himanshu Raja sold 58,428 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of GBX 335, for a total value of £195,733.80. Also, insider Rob Wilkinson sold 72,328 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total transaction of £239,405.68. 10.28% of the stock is currently owned by company insiders.
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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