Hammerson Rating Reiterated by Goldman Sachs Group Inc. (HMSO)
Hammerson (LON:HMSO)‘s stock had its “hold” rating reaffirmed by equities researchers at Goldman Sachs Group Inc. in a research report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 450 ($7.22) price target on the stock. Goldman Sachs Group Inc.’s price objective indicates a potential downside of 8.54% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Hammerson in a research note to investors on Monday. They now have a GBX 450 ($7.22) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Hammerson in a research note to investors on Tuesday, October 1st. They now have a GBX 570 ($9.14) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Hammerson in a research note to investors on Tuesday, October 1st. They now have a GBX 590 ($9.47) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 533.24 ($8.56).
Shares of Hammerson (LON:HMSO) traded up 0.33% during mid-day trading on Tuesday, hitting GBX 492.00. The stock had a trading volume of 1,319,306 shares. Hammerson has a 52-week low of GBX 454.40 and a 52-week high of GBX 556.50. The stock’s 50-day moving average is GBX 501.5 and its 200-day moving average is GBX 510.7. The company’s market cap is £3.502 billion.
Hammerson plc is a real estate investment trust (LON:HMSO).
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