Deutsche Bank Increases Hammerson Price Target to GBX 460 (HMSO)
Analysts at Deutsche Bank hoisted their price target on shares of Hammerson (LON:HMSO) from GBX 450 ($7.54) to GBX 460 ($7.71) in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target points to a potential downside of 18.58% from the stock’s previous close.
HMSO has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of Hammerson in a research note on Monday. They now have a GBX 617 ($10.34) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Hammerson in a research note on Friday. They now have a GBX 540 ($9.05) price target on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company’s stock. Hammerson currently has a consensus rating of “Hold” and an average target price of GBX 552.01 ($9.25).
Hammerson (LON:HMSO) traded up 0.80% on Tuesday, hitting GBX 565.00. 2,662,085 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’s 50-day moving average is GBX 520.6 and its 200-day moving average is GBX 510.7. The company’s market cap is £4.022 billion.
Hammerson plc is a real estate investment trust (LON:HMSO).
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