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

Shares of Hammerson Plc (LON:HMSO) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 348.17.

A number of equities analysts have recently issued reports on HMSO shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Hammerson from GBX 320 to GBX 370 and gave the company a “hold” rating in a research note on Friday. Berenberg Bank upped their target price on Hammerson from GBX 405 to GBX 409 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 330 target price on shares of Hammerson in a research report on Monday, November 24th.

Hammerson Stock Up 0.1%

LON:HMSO opened at GBX 322.40 on Wednesday. The company has a debt-to-equity ratio of 80.80, a current ratio of 4.26 and a quick ratio of 1.28. Hammerson has a 1-year low of GBX 219.20 and a 1-year high of GBX 373. The company has a 50-day moving average of GBX 345.40 and a 200 day moving average of GBX 318.95. The firm has a market cap of £1.71 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 1.68 and a beta of 1.81.

Hammerson (LON:HMSO) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported GBX 46 EPS for the quarter. Hammerson had a net margin of 268.95% and a return on equity of 11.77%. As a group, research analysts anticipate that Hammerson will post 20.7491639 EPS for the current fiscal year.

Insider Buying and Selling at Hammerson

In related news, insider Rob Wilkinson sold 72,328 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total transaction of £239,405.68. 10.28% of the stock is owned by company insiders.

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.