Hammerson (LON:HMSO) Insider Rita-Rose Gagné Sells 136,226 Shares

Hammerson Plc (LON:HMSO) insider Rita-Rose Gagné sold 136,226 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of GBX 307, for a total transaction of £418,213.82.

Rita-Rose Gagné also recently made the following trade(s):

• On Tuesday, December 9th, Rita-Rose Gagné sold 279,905 shares of Hammerson stock. The stock was sold at an average price of GBX 308, for a total transaction of £862,107.40.

Hammerson Stock Performance

Shares of HMSO stock opened at GBX 309.20 on Friday. The company has a current ratio of 10.65, a quick ratio of 1.28 and a debt-to-equity ratio of 80.77. The company has a market cap of £1.64 billion, a PE ratio of 22.09, a P/E/G ratio of 1.68 and a beta of 2.30. The company’s fifty day simple moving average is GBX 305.68 and its 200-day simple moving average is GBX 296.24. Hammerson Plc has a 52 week low of GBX 219.20 and a 52 week high of GBX 327.80.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Panmure Gordon restated a “buy” rating and set a GBX 330 price objective on shares of Hammerson in a research note on Monday, November 24th. Jefferies Financial Group raised their target price on Hammerson from GBX 234 to GBX 245 and gave the company an “underperform” rating in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft boosted their price target on Hammerson from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research report on Monday, November 24th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 350 price objective on shares of Hammerson in a research report on Friday, October 10th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 326.

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.