Hammerson Plc (LON:HMSO) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Hammerson Plc (LON:HMSOGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 378.57.

A number of brokerages have recently commented on HMSO. Citigroup lifted 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. Berenberg Bank restated a “buy” rating and set a GBX 448 target price on shares of Hammerson in a research report on Thursday, July 30th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 360 target price on shares of Hammerson in a research note on Friday, July 31st.

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Hammerson Trading Up 0.1%

Hammerson stock opened at GBX 378.60 on Thursday. The stock has a market cap of £2.01 billion, a PE ratio of 9.39, a P/E/G ratio of 1.68 and a beta of 1.79. The stock has a 50-day moving average price of GBX 359.74 and a 200 day moving average price of GBX 343.02. Hammerson has a 52 week low of GBX 264 and a 52 week high of GBX 391.80. 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:HMSOGet Free Report) last announced 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 net margin of 86.23% and a return on equity of 11.84%. Equities research analysts predict that Hammerson will post 20.7491639 earnings per share for the current fiscal year.

Hammerson Company Profile

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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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Analyst Recommendations for Hammerson (LON:HMSO)

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