Goldman Sachs Group upgraded shares of Hammerson (OTCMKTS:HMSNF) from a neutral rating to a buy rating in a report published on Monday, The Fly reports.
A number of other brokerages have also issued reports on HMSNF. Stifel Nicolaus raised Hammerson from a sell rating to a hold rating in a research note on Friday, June 21st. Royal Bank of Canada raised Hammerson from a sector perform rating to an outperform rating in a research note on Monday, August 12th. Finally, Zacks Investment Research raised Hammerson from a sell rating to a hold rating in a research note on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Hold.
Shares of OTCMKTS:HMSNF opened at $3.40 on Monday. The stock’s 50-day moving average price is $2.78 and its two-hundred day moving average price is $3.70. Hammerson has a 12-month low of $2.49 and a 12-month high of $6.19.
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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