Hammerson Price Target Cut to GBX 520 by Analysts at Numis Securities Ltd (HMSO)
Investment analysts at Numis Securities Ltd decreased their price target on shares of Hammerson (LON:HMSO) from GBX 525 ($8.21) to GBX 520 ($8.13) in a note issued to investors on Tuesday, ARN reports. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 6.95% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of Hammerson (LON:HMSO) from GBX 550 ($8.60) to GBX 450 ($7.04) in a research note to investors on Tuesday, September 3rd. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of Hammerson (LON:HMSO) from GBX 585 ($9.15) to GBX 570 ($8.91) in a research note to investors on Tuesday, September 3rd. They now have an “overweight” rating on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Hammerson (LON:HMSO) in a research note to investors on Friday, August 30th. They now have a GBX 580 ($9.07) price target on the stock.
Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. Hammerson has a consensus rating of “Hold” and an average price target of GBX 545.24 ($8.52).
Hammerson (LON:HMSO) opened at 491.90 on Tuesday. Hammerson has a 52-week low of GBX 447.20 and a 52-week high of GBX 556.50. The stock has a 50-day moving average of GBX 507.3 and a 200-day moving average of GBX 510.. The company’s market cap is £3.501 billion.
Hammerson plc is a real estate investment trust (LON:HMSO).
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