Zacks: Hammerson (HMSNF) Receives Consensus Rating of “Hold” from Brokerages
Hammerson (NASDAQ:HMSNF) has been assigned a consensus broker rating score of 2.67 (Hold) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and one has issued a strong buy recommendation on the company. Hammerson’s rating score has declined by 6.8% from three months ago as a result of a number of analysts’ upgrades and downgrades.
Zacks has also given Hammerson an industry rank of 161 out of 265 based on the ratings given to related companies.
HMSNF has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Hammerson from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a research note on Thursday, July 27th. BNP Paribas raised shares of Hammerson from an “underperform” rating to a “neutral” rating in a research note on Thursday, October 19th.
Shares of Hammerson (NASDAQ HMSNF) traded up 4.39% on Monday, reaching $7.14. 2,666 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $7.16 and its 200-day moving average price is $7.37. Hammerson has a 1-year low of $6.48 and a 1-year high of $7.74. The company has a market capitalization of $5.66 billion and a P/E ratio of 9.71.
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