Hammerson (LON:HMSO) Receives Hold Rating from Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Hammerson (LON:HMSO) in a research note released on Friday morning,Digital Look reports. The brokerage currently has a GBX 360 target price on the real estate investment trust’s stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 448 price target on shares of Hammerson in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 366.

Hammerson Stock Up 3.6%

Shares of HMSO opened at GBX 382 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.00 and a debt-to-equity ratio of 86.37. The company has a 50-day moving average price of GBX 357.16 and a two-hundred day moving average price of GBX 342.13. The stock has a market cap of £2.03 billion, a price-to-earnings ratio of 8.30, a P/E/G ratio of 1.68 and a beta of 1.79. Hammerson has a 12 month low of GBX 264 and a 12 month high of GBX 383.

Hammerson (LON:HMSO) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. Equities analysts predict 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.