Hammerson (LON:HMSO) Insider Rita-Rose Gagné Sells 126,260 Shares of Stock

Hammerson Plc (LON:HMSO) insider Rita-Rose Gagné sold 126,260 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of GBX 309, for a total value 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 stock was sold at an average price of GBX 308, for a total transaction of £862,107.40.

Hammerson Trading Up 2.0%

HMSO opened at GBX 323.37 on Tuesday. The firm has a 50 day simple moving average of GBX 308.89 and a 200 day simple moving average of GBX 297.85. Hammerson Plc has a fifty-two week low of GBX 219.20 and a fifty-two week high of GBX 328.90. The company has a market cap of £1.71 billion, a price-to-earnings ratio of 23.10, a price-to-earnings-growth ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28.

Analysts Set New Price Targets

HMSO has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Hammerson from GBX 300 to GBX 320 and gave the company a “hold” rating in a research note on Monday, November 24th. Panmure Gordon reiterated a “buy” rating and issued a GBX 330 price objective on shares of Hammerson in a report on Monday, November 24th. Peel Hunt restated a “buy” rating and set a GBX 350 target price on shares of Hammerson in a report on Friday, October 10th. Finally, Jefferies Financial Group boosted 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. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average 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.