Hammerson Plc (LON:HMSO) Given Consensus Recommendation of “Hold” by Analysts

Shares of Hammerson Plc (LON:HMSO) have been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 346.71.

HMSO has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Hammerson from GBX 320 to GBX 370 and gave the stock a “hold” rating in a research note on Friday, March 20th. The Goldman Sachs Group dropped their price target on shares of Hammerson from GBX 361 to GBX 338 and set a “neutral” rating for the company in a research note on Monday, March 30th.

Insider Transactions at Hammerson

In related news, insider Himanshu Raja sold 58,428 shares of the business’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of GBX 335, for a total transaction of £195,733.80. Also, insider Rob Wilkinson sold 72,328 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of GBX 331, for a total value of £239,405.68. 10.28% of the stock is currently owned by insiders.

Hammerson Price Performance

Shares of Hammerson stock opened at GBX 343.20 on Monday. The stock has a market cap of £1.82 billion, a price-to-earnings ratio of 7.46, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26. The stock has a 50 day moving average price of GBX 322.93 and a 200-day moving average price of GBX 329.22. Hammerson has a one year low of GBX 264 and a one year high of GBX 373.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.