Hansteen Holdings plc Rating Increased to Buy at Liberum Capital (HSTN)
Hansteen Holdings plc (LON:HSTN) was upgraded by Liberum Capital to a “buy” rating in a research note issued on Thursday. The firm currently has a GBX 119 ($2.03) price objective on the stock, up from their previous price objective of GBX 110 ($1.87). Liberum Capital’s price target would indicate a potential upside of 13.44% from the stock’s previous close.
HSTN has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of Hansteen Holdings plc in a research note on Monday. They now have a GBX 107 ($1.82) price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 108.67 ($1.85).
Hansteen Holdings plc (LON:HSTN) traded up 0.86% on Thursday, hitting GBX 105.80. 1,701,800 shares of the company’s stock traded hands. Hansteen Holdings plc has a 52 week low of GBX 82.25 and a 52 week high of GBX 115.00. The stock’s 50-day moving average is GBX 104.4 and its 200-day moving average is GBX 107.8. The company’s market cap is £678.7 million.
Hansteen Holdings PLC is a real estate investment trust. The Company is a property group investing mainly in industrial properties in Continental Europe and the United Kingdom.
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