Hammerson (LON:HMSO) Rating Reaffirmed
Hammerson (LON:HMSO) just had their share rating of a ‘Buy’ issued by research analysts at AlphaValue, who now has a GBX 719 target price per share on the 4.92 billion GBP market cap company or a 14.86% upside potential. This key information was announced in an analyst research report on Thursday, 3 December.
From a total of 19 analysts covering Hammerson (LON:HMSO) stock, 14 rate it a ”Buy”, 1 a “Sell”, and 5 a ”Hold”. This means that 70% of the ratings are positive. The highest target price is GBX 825 while the lowest target price is GBX 584. The mean of all analyst targets is GBX 727.37 with a 15.44% above today’s (GBX 627) stock price. Hammerson was the topic of 35 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 1 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 750 target share price in a report from a November 16. Jefferies maintained HMSO stock in a recent report from November 23 with “Underperform” rating. Canaccord Genuity maintained the rating on October 21. Canaccord Genuity has a “Buy” rating and a GBX 766 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a November 17.
Approximately 281,383 shares of stock traded hands. Hammerson plc (LON:HMSO) has declined 4.37% since May 6, 2015 and is downtrending. It has underperformed by 4.08% the S&P500.
Hammerson plc is a United Kingdom-based real estate investment trust . The company has a market cap of 4.92 billion GBP. The Company, through its subsidiaries, is engaged in property investment and development, investment holding or management. It has 7.23 P/E ratio. The Firm is an owner, manager and developer of retail destinations in Europe with a portfolio of around ï¿½7.7 billion with investments in 22 prime shopping centers, 22 convenient retail parks and investments in 15 European outlet villages.