Liberum Capital reissued their hold rating on shares of Hammerson plc (LON:HMSO) in a research note published on Thursday morning. They currently have a GBX 610 ($8.02) price objective on the real estate investment trust’s stock.
A number of other equities analysts have also weighed in on the stock. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 725 ($9.54) price objective on shares of Hammerson plc in a research report on Tuesday, October 24th. Deutsche Bank AG restated a buy rating and issued a GBX 650 ($8.55) target price on shares of Hammerson plc in a report on Monday, October 23rd. Goldman Sachs Group, Inc. (The) restated a neutral rating and issued a GBX 600 ($7.89) target price on shares of Hammerson plc in a report on Wednesday, September 27th. Numis Securities Ltd restated a reduce rating and issued a GBX 518 ($6.81) target price on shares of Hammerson plc in a report on Wednesday, September 13th. Finally, Credit Suisse Group restated an outperform rating and issued a GBX 605 ($7.96) target price on shares of Hammerson plc in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 599 ($7.88).
Hammerson plc (LON HMSO) traded down GBX 4.50 ($0.06) during trading hours on Thursday, hitting GBX 524 ($6.89). 3,923,667 shares of the stock were exchanged, compared to its average volume of 2,490,000. Hammerson plc has a twelve month low of GBX 512 ($6.73) and a twelve month high of GBX 614.50 ($8.08).
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In other news, insider Timon Drakesmith bought 114 shares of the firm’s stock in a transaction dated Monday, October 9th. The stock was acquired at an average cost of GBX 534 ($7.02) per share, for a total transaction of £608.76 ($800.68).
About Hammerson plc
Hammerson plc is a real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments include United Kingdom, France and Ireland. The Company’s portfolio includes investments in approximately 20 prime shopping centers in the United Kingdom, France and Ireland, over 20 convenient retail parks in the United Kingdom and approximately 20 premium outlets across Europe.
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