Jefferies Group Reiterates “Hold” Rating for Hammerson (HMSO)
Hammerson (LON:HMSO)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Monday, American Banking and Market News reports. They currently have a GBX 519 ($8.29) price target on the stock. Jefferies Group’s target price points to a potential upside of 2.57% from the stock’s previous close.
A number of other firms have also recently commented on HMSO. Analysts at AlphaValue reiterated a “reduce” rating on shares of Hammerson in a research note to investors on Thursday. They now have a GBX 519 ($8.29) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “hold” rating on shares of Hammerson in a research note to investors on Tuesday, October 8th. They now have a GBX 450 ($7.18) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Hammerson in a research note to investors on Monday, October 7th. They now have a GBX 450 ($7.18) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 533.95 ($8.52).
Hammerson (LON:HMSO) traded down 0.20% during mid-day trading on Monday, hitting GBX 506.00. 761,571 shares of the company’s stock traded hands. Hammerson has a 52 week low of GBX 454.40 and a 52 week high of GBX 556.50. The stock has a 50-day moving average of GBX 501.5 and a 200-day moving average of GBX 510.7. The company’s market cap is £3.602 billion.
Hammerson plc is a real estate investment trust (LON:HMSO).
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