Hammerson Plc (LON:HMSO) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Hammerson Plc (LON:HMSO) have received an average rating of “Hold” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 346.83.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 448 price objective on shares of Hammerson in a research report on Thursday.

Hammerson Price Performance

Shares of Hammerson stock opened at GBX 364.80 on Thursday. The company has a current ratio of 4.26, a quick ratio of 1.28 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 377. The stock has a 50 day moving average of GBX 355.43 and a 200 day moving average of GBX 341.70. The firm has a market cap of £1.93 billion, a PE ratio of 7.93, a PEG ratio of 1.68 and a beta of 1.79.

Hammerson (LON:HMSO) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 EPS for the quarter. Hammerson had a net margin of 109.58% and a return on equity of 11.77%. On average, research analysts expect that Hammerson will post 20.7491639 EPS for the current fiscal year.

About Hammerson

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.