Hammerson plc (LON:HMSO – Get Rating) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 23.82 ($0.29) and traded as high as GBX 24.90 ($0.30). Hammerson shares last traded at GBX 23.67 ($0.29), with a volume of 10,340,642 shares trading hands.
Analysts Set New Price Targets
A number of brokerages recently commented on HMSO. Barclays reduced their price target on Hammerson from GBX 26 ($0.32) to GBX 25 ($0.30) and set an “underweight” rating for the company in a report on Wednesday, November 30th. Numis Securities reissued a “buy” rating and issued a GBX 34 ($0.41) price target on shares of Hammerson in a report on Thursday, March 9th.
Hammerson Price Performance
The stock has a market cap of £1.18 billion, a PE ratio of -3.01, a P/E/G ratio of 1.93 and a beta of 2.19. The company has a debt-to-equity ratio of 66.68, a current ratio of 1.89 and a quick ratio of 1.28. The business has a fifty day moving average of GBX 27.80 and a 200 day moving average of GBX 23.82.
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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