Hammerson Given Buy Rating at Liberum Capital (HMSO)
Hammerson (LON:HMSO)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 605 ($9.92) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 19.80% from the stock’s previous close.
Hammerson (LON:HMSO) traded up 0.50% during mid-day trading on Thursday, hitting GBX 505.00. 1,048,335 shares of the company’s stock traded hands. Hammerson has a 1-year low of GBX 463.30 and a 1-year high of GBX 556.50. The stock has a 50-day moving average of GBX 503.9 and a 200-day moving average of GBX 508.9. The company’s market cap is £3.595 billion.
Several other analysts have also recently commented on the stock. Analysts at Kempen & Co reiterated an “overweight” rating on shares of Hammerson in a research note to investors on Wednesday. They now have a GBX 570 ($9.35) 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 analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 537.01 ($8.81).
Hammerson plc is a real estate investment trust (LON:HMSO).
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