Hammerson (OTCMKTS:HMSNF) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Hammerson (OTCMKTS:HMSNF – Get Rating) from a sell rating to a hold rating in a research report report published on Friday, Zacks.com reports.

According to Zacks, “Hammerson plc is a real estate investment trust. The company’s portfolio includes commercial buildings, offices and shopping centers. It operates primarily in United Kingdom, Germany and France. Hammerson plc is based in London, the United Kingdom. “

Several other equities analysts have also weighed in on HMSNF. JPMorgan Chase & Co. lowered shares of Hammerson from a neutral rating to an underweight rating in a research report on Wednesday, April 13th. Royal Bank of Canada reduced their price target on shares of Hammerson from GBX 36 ($0.46) to GBX 33 ($0.42) in a research report on Friday, March 25th. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of Hold and a consensus price target of $16.75.

Shares of HMSNF stock opened at $0.35 on Friday. The firm has a 50-day moving average of $0.42 and a 200-day moving average of $0.44. Hammerson has a one year low of $0.35 and a one year high of $0.62.

Hammerson Company Profile (Get Rating)

At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.

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