Hammerson’s Hold Rating Reaffirmed at Deutsche Bank (HMSO)
Hammerson (LON:HMSO)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Thursday, Analyst RN reports. They currently have a GBX 450 ($7.28) price objective on the stock. Deutsche Bank’s price objective points to a potential downside of 14.77% from the company’s current price.
Hammerson (LON:HMSO) opened at 531.50 on Thursday. 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 500.6 and its 200-day moving average is GBX 511.0. The company’s market cap is £3.783 billion.
HMSO has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of Hammerson in a research note to investors on Monday, October 14th. They now have a GBX 519 ($8.39) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Hammerson in a research note to investors on Thursday, October 10th. They now have a GBX 519 ($8.39) price target on the stock. Finally, 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 ($7.28) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 533.95 ($8.63).
Hammerson plc is a real estate investment trust (LON:HMSO).
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