Hammerson Plc (LON:HMSO) Receives GBX 346.71 Consensus Price Target from Brokerages

Hammerson Plc (LON:HMSO) has been given a consensus rating of “Hold” by the seven analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 346.71.

A number of research analysts have recently weighed in on the stock. The Goldman Sachs Group cut their price target on shares of Hammerson from GBX 361 to GBX 338 and set a “neutral” rating on the stock in a report on Monday, March 30th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Hammerson from GBX 320 to GBX 370 and gave the stock a “hold” rating in a report on Friday, March 20th.

Hammerson Stock Down 1.1%

HMSO stock opened at GBX 330.60 on Monday. The company has a market cap of £1.75 billion, a price-to-earnings ratio of 7.19, a PEG ratio of 1.68 and a beta of 1.79. The company has a 50 day moving average of GBX 324.66 and a two-hundred day moving average of GBX 329.95. The company has a quick ratio of 1.28, a current ratio of 4.26 and a debt-to-equity ratio of 80.80. Hammerson has a 12-month low of GBX 264 and a 12-month high of GBX 373.

Insider Activity

In other Hammerson news, insider Himanshu Raja sold 58,428 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of GBX 335, for a total value of £195,733.80. Also, insider Rob Wilkinson sold 72,328 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 331, for a total transaction of £239,405.68. 10.28% of the stock is currently owned by 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.