Hammerson plc (LON:HMSO)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $274.72 and traded as high as $282.30. Hammerson shares last traded at $280.20, with a volume of 1,428,005 shares changing hands.
A number of brokerages recently commented on HMSO. Peel Hunt restated an “add” rating on shares of Hammerson in a research report on Tuesday, November 5th. Royal Bank of Canada downgraded shares of Hammerson to a “sector performer” rating and set a GBX 290 ($3.79) price objective for the company. in a research report on Wednesday, October 16th. Deutsche Bank restated a “buy” rating on shares of Hammerson in a research report on Tuesday, July 30th. Goldman Sachs Group restated a “neutral” rating on shares of Hammerson in a research report on Thursday, August 8th. Finally, Liberum Capital restated a “hold” rating on shares of Hammerson in a research report on Wednesday, August 21st. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Hammerson currently has a consensus rating of “Hold” and a consensus target price of GBX 324.67 ($4.24).
The stock’s 50-day moving average price is GBX 292.26 and its 200-day moving average price is GBX 274.25. The company has a debt-to-equity ratio of 65.05, a quick ratio of 0.74 and a current ratio of 0.87. The company has a market capitalization of $2.18 billion and a price-to-earnings ratio of -3.44.
Hammerson Company Profile (LON:HMSO)
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.
Further Reading: Gross Domestic Product (GDP)
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