Hammerson Stock Rating Reaffirmed by Kempen & Co (HMSO)
Hammerson (LON:HMSO)‘s stock had its “overweight” rating reaffirmed by investment analysts at Kempen & Co in a note issued to investors on Wednesday, Analyst Ratings Net reports. They currently have a GBX 570 ($9.35) price target on the stock. Kempen & Co’s price target suggests a potential upside of 13.77% from the stock’s previous close.
Hammerson (LON:HMSO) traded up 0.20% during mid-day trading on Wednesday, hitting GBX 502.00. The stock had a trading volume of 621,187 shares. Hammerson has a one year low of GBX 463.30 and a one year high of GBX 556.50. The stock’s 50-day moving average is GBX 501.9 and its 200-day moving average is GBX 508.9. The company’s market cap is £3.573 billion.
A number of other analysts have also recently weighed in on HMSO. Analysts at Liberum Capital reiterated a “buy” rating on shares of Hammerson in a research note to investors on Friday, December 20th. They now have a GBX 605 ($9.92) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Hammerson in a research note to investors on Wednesday, December 11th. They now have a GBX 519 ($8.51) 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 Wednesday, December 11th. They now have a GBX 450 ($7.38) price target on the stock. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 541.12 ($8.88).
Hammerson plc is a real estate investment trust (LON:HMSO).
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