Hammerson (LON:HMSO) Insider Sells £390,143.40 in Stock

Hammerson Plc (LON:HMSO) insider Rita-Rose Gagné sold 126,260 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of GBX 309, for a total transaction of £390,143.40.

Rita-Rose Gagné also recently made the following trade(s):

• On Wednesday, December 10th, Rita-Rose Gagné sold 136,226 shares of Hammerson stock. The shares were sold at an average price of GBX 307, for a total transaction of £418,213.82.
• On Tuesday, December 9th, Rita-Rose Gagné sold 279,905 shares of Hammerson stock. The shares were sold at an average price of GBX 308, for a total value of £862,107.40.

Hammerson Trading Down 0.3%

Shares of HMSO stock opened at GBX 321 on Thursday. Hammerson Plc has a 52-week low of GBX 219.20 and a 52-week high of GBX 328.90. The stock has a market cap of £1.70 billion, a price-to-earnings ratio of 22.93, a P/E/G ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. The firm has a fifty day moving average of GBX 309.89 and a 200-day moving average of GBX 298.19.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Hammerson from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Monday, November 24th. Jefferies Financial Group raised their target price on Hammerson from GBX 234 to GBX 245 and gave the stock an “underperform” rating in a research report on Tuesday, October 28th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 350 price target on shares of Hammerson in a research note on Friday, October 10th. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 330 price objective on shares of Hammerson in a research note on Monday, November 24th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Hammerson presently has an average rating of “Hold” and a consensus price target of GBX 326.

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.