Peel Hunt Reaffirms Add Rating for Hammerson (LON:HMSO)

Peel Hunt reissued their add rating on shares of Hammerson (LON:HMSO) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts have also commented on HMSO. Stifel Nicolaus restated a buy rating and issued a $400.00 price target on shares of Netflix in a report on Monday, April 8th. Liberum Capital cut their price target on Ab Dynamics from GBX 2,645 ($34.56) to GBX 2,625 ($34.30) and set a buy rating on the stock in a report on Monday, May 20th. Barclays set a €45.00 ($52.33) price target on Zalando and gave the company a buy rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. boosted their price target on from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the company a neutral rating in a report on Friday, July 5th. Finally, HSBC set a €11.00 ($12.79) price target on SAF-HOLLAND and gave the company a neutral rating in a report on Thursday, March 28th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Hammerson presently has a consensus rating of Hold and an average price target of GBX 381.50 ($4.98).

Shares of Hammerson stock opened at GBX 281.40 ($3.68) on Tuesday. The company has a market capitalization of $2.14 billion and a price-to-earnings ratio of -8.25. The firm has a 50-day moving average price of GBX 279.41. Hammerson has a one year low of GBX 262.20 ($3.43) and a one year high of GBX 550.60 ($7.19). The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 58.29.

In other Hammerson news, insider Timon Drakesmith sold 32,202 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of GBX 316 ($4.13), for a total value of £101,758.32 ($132,965.27). Also, insider Carol Welch acquired 7,461 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was acquired at an average price of GBX 267 ($3.49) per share, for a total transaction of £19,920.87 ($26,030.15). Insiders have purchased 46,461 shares of company stock worth $13,387,087 in the last quarter.

Hammerson Company Profile

We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.

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Analyst Recommendations for Hammerson (LON:HMSO)

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