Numis Securities Ltd Increases Hansteen Holdings Price Target to GBX 88 (HSTN)
Equities research analysts at Numis Securities Ltd hoisted their price target on shares of Hansteen Holdings (LON:HSTN) from GBX 75 ($1.17) to GBX 88 ($1.38) in a research note issued to investors on Tuesday, AnalystRatingsNetwork reports. The firm currently has a “reduce” rating on the stock. Numis Securities Ltd’s target price would indicate a potential downside of 10.66% from the stock’s previous close.
Shares of Hansteen Holdings (LON:HSTN) opened at 98.90 on Tuesday. Hansteen Holdings has a one year low of GBX 0.792 and a one year high of GBX 100.50. The stock’s 50-day moving average is GBX 95.73 and its 200-day moving average is GBX 88.61. The company’s market cap is £631.8 million.
HSTN has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of Hansteen Holdings (LON:HSTN) in a research note to investors on Thursday, August 29th. They now have a GBX 88 ($1.38) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Hansteen Holdings (LON:HSTN) in a research note to investors on Wednesday, August 28th.
One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 87 ($1.36).
Hansteen Holdings PLC is a real estate investment trust. The Company is a property group investing mainly in industrial properties in Continental Europe and the United Kingdom.
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