Shares of Hammerson Plc (LON:HMSO – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 337.90 and traded as high as GBX 374.40. Hammerson shares last traded at GBX 372, with a volume of 456,387 shares traded.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on HMSO shares. The Goldman Sachs Group decreased their price target on Hammerson from GBX 361 to GBX 338 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft raised their price objective on Hammerson from GBX 320 to GBX 370 and gave the stock a “hold” rating in a research report on Friday, March 20th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 346.71.
Check Out Our Latest Research Report on Hammerson
Hammerson Stock Up 0.5%
Insider Activity
In other news, insider Himanshu Raja sold 58,428 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of GBX 335, for a total value of £195,733.80. Corporate insiders own 10.31% of the company’s stock.
About Hammerson
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.
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