Hansteen (LON:HSTN)‘s stock had its “underweight” rating reissued by analysts at JPMorgan Chase & Co. in a research note issued on Monday. They currently have a GBX 134 ($1.82) price target on the real estate investment trust’s stock. JPMorgan Chase & Co.’s target price points to a potential downside of 5.70% from the stock’s previous close.

A number of other equities research analysts also recently commented on HSTN. Liberum Capital reiterated a “buy” rating and set a GBX 135 ($1.83) price objective on shares of Hansteen in a research report on Monday, September 25th. Numis Securities reiterated an “under review” rating on shares of Hansteen in a research report on Wednesday, October 4th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 138 ($1.87) price objective on shares of Hansteen in a research report on Tuesday, December 5th. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 137 ($1.86).

Hansteen (LON HSTN) traded down GBX 1.20 ($0.02) on Monday, reaching GBX 142.10 ($1.93). The company’s stock had a trading volume of 874,636 shares, compared to its average volume of 3,000,000. The firm has a market capitalization of $586.80 and a P/E ratio of 1,578.89. Hansteen has a 12-month low of GBX 107.20 ($1.45) and a 12-month high of GBX 147.90 ($2.01).

In other news, insider Ian Richard Watson sold 618,033 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of GBX 140 ($1.90), for a total value of £865,246.20 ($1,173,374.29).

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About Hansteen

Hansteen Holdings PLC is a real estate investment trust (REIT). The Company’s principal activities consist of property investment, development, management and associated business, focusing on industrial property investments in Continental Europe and the United Kingdom. The Company’s segments are its geographical locations, which include Belgium, France, Germany, Netherlands and the United Kingdom.

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