Analysts Set Hammerson Plc (LON:HMSO) PT at GBX 339.83

Hammerson Plc (LON:HMSO) has earned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 339.83.

A number of equities analysts recently issued reports on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 350 target price on shares of Hammerson in a research report on Friday, October 10th. Jefferies Financial Group boosted their target price on Hammerson from GBX 234 to GBX 245 and gave the stock an “underperform” rating in a report on Tuesday, October 28th. Deutsche Bank Aktiengesellschaft upped their target price on Hammerson from GBX 300 to GBX 320 and gave the stock a “hold” rating in a research report on Monday, November 24th. Panmure Gordon reiterated a “buy” rating and set a GBX 330 price target on shares of Hammerson in a research report on Monday, November 24th. Finally, Berenberg Bank upped their price objective on Hammerson from GBX 405 to GBX 409 and gave the company a “buy” rating in a report on Tuesday.

Hammerson Stock Performance

HMSO opened at GBX 358.60 on Tuesday. 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 business’s 50 day moving average is GBX 326.81 and its 200-day moving average is GBX 305.87. The stock has a market cap of £1.90 billion, a PE ratio of 25.61, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. Hammerson has a twelve month low of GBX 219.20 and a twelve month high of GBX 360.80.

Insider Activity

In other Hammerson news, insider Rob Wilkinson bought 155,718 shares of Hammerson stock in a transaction that occurred on Friday, December 19th. The stock was purchased at an average cost of GBX 323 per share, for a total transaction of £502,969.14. Also, insider Rita-Rose Gagné sold 279,905 shares of Hammerson stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of GBX 308, for a total transaction of £862,107.40. In the last 90 days, insiders have sold 542,391 shares of company stock valued at $167,046,462. Insiders own 10.20% of the company’s stock.

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.