Shares of Hammerson plc (LON:HMSO) have been assigned an average rating of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 599.58 ($8.02).

HMSO has been the topic of a number of recent research reports. Deutsche Bank reiterated a “buy” rating and set a GBX 650 ($8.69) price objective on shares of Hammerson in a research note on Monday, September 11th. Numis Securities reiterated a “reduce” rating and set a GBX 518 ($6.93) price objective on shares of Hammerson in a research note on Wednesday, September 13th. Goldman Sachs Group reiterated a “neutral” rating and set a GBX 600 ($8.02) price objective on shares of Hammerson in a research note on Wednesday, September 27th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 725 ($9.69) price objective on shares of Hammerson in a research note on Tuesday, October 24th. Finally, Liberum Capital reiterated a “hold” rating and set a GBX 610 ($8.16) price objective on shares of Hammerson in a research note on Thursday, November 9th.

In other news, insider Timon Drakesmith bought 114 shares of the stock in a transaction on Monday, October 9th. The stock was bought at an average cost of GBX 534 ($7.14) per share, for a total transaction of £608.76 ($813.96).

Hammerson (LON:HMSO) opened at GBX 547 ($7.31) on Monday. Hammerson has a one year low of GBX 493.50 ($6.60) and a one year high of £523.38 ($699.80). The stock has a market cap of $4,340.00 and a P/E ratio of 976.79.

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Hammerson 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 (LON:HMSO)

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