Hammerson plc (LON:HMSO) has received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 599 ($7.96).

A number of analysts have commented on the company. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 605 ($8.04) price target on shares of Hammerson plc in a research report on Thursday, July 27th. Liberum Capital reaffirmed a “hold” rating and set a GBX 600 ($7.97) price target on shares of Hammerson plc in a research report on Tuesday, June 27th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 725 ($9.63) price target on shares of Hammerson plc in a research report on Wednesday, July 5th. Deutsche Bank AG lifted their price target on Hammerson plc from GBX 630 ($8.37) to GBX 650 ($8.64) and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. Finally, Numis Securities Ltd reaffirmed a “reduce” rating and set a GBX 518 ($6.88) price target on shares of Hammerson plc in a research report on Wednesday, September 13th.

Shares of Hammerson plc (LON HMSO) traded up 1.59% on Wednesday, hitting GBX 542.50. The stock had a trading volume of 2,321,738 shares. The company’s market cap is GBX 4.30 billion. The company’s 50 day moving average price is GBX 543.29 and its 200-day moving average price is GBX 572.71. Hammerson plc has a 12 month low of GBX 526.00 and a 12 month high of GBX 614.50.

The firm also recently declared a dividend, which was paid on Monday, October 9th. Investors of record on Thursday, August 31st were issued a GBX 10.70 ($0.14) dividend. The ex-dividend date was Thursday, August 31st. This represents a yield of 1.84%.

In other Hammerson plc news, insider Timon Drakesmith purchased 114 shares of Hammerson plc stock in a transaction that occurred on Monday, October 9th. The stock was bought at an average price of GBX 534 ($7.10) per share, with a total value of £608.76 ($808.88).

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Hammerson plc Company Profile

Hammerson plc is a real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments include United Kingdom, France and Ireland. The Company’s portfolio includes investments in approximately 20 prime shopping centers in the United Kingdom, France and Ireland, over 20 convenient retail parks in the United Kingdom and approximately 20 premium outlets across Europe.

Analyst Recommendations for Hammerson plc (LON:HMSO)

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