Hammerson plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:HMSO)
Shares of Hammerson plc (LON:HMSO) have earned an average recommendation of “Hold” from the sixteen brokerages that are presently covering the company, American Banking News reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 567.93 ($9.56).
Shares of Hammerson plc (LON:HMSO) traded down 0.25% on Wednesday, hitting GBX 595.00. The stock had a trading volume of 397,965 shares. Hammerson plc has a 52 week low of GBX 463.30 and a 52 week high of GBX 593.50. The stock has a 50-day moving average of GBX 576.4 and a 200-day moving average of GBX 541.6. The company’s market cap is £4.236 billion.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Hammerson plc in a research note on Tuesday, May 20th. They now have a GBX 460 ($7.74) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Hammerson plc in a research note on Monday, May 12th. They now have a GBX 619 ($10.42) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Hammerson plc in a research note on Monday, May 12th. They now have a GBX 574 ($9.66) price target on the stock.
Hammerson plc is a real estate investment trust (LON:HMSO).
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