Hammerson (LON:HMSO) Rating Reaffirmed
Stock research analysts at Jefferies now has a GBX 584 PT on Hammerson (LON:HMSO). Jefferies and their recent PT would now indicate a potential downside of -1.43% from the company’s stock price. The rating has been revealed in an analyst research report on 14 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 728.68 with a 22.10% above today’s (GBX 595) stock price. Hammerson was the topic of 38 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 14 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 730 target share price in a report from a November 17. AlphaValue maintained HMSO stock in a recent report from December 3 with “Buy” rating. Canaccord Genuity maintained the rating on October 21. Canaccord Genuity has a “Buy” rating and a GBX 766 price target on shares. Finally, Jefferies maintained the stock with “Underperform” rating in a report issued on a November 23.
Approximately 289,310 shares of stock traded hands. Hammerson plc (LON:HMSO) has declined 15.06% since May 15, 2015 and is downtrending. It has underperformed by 10.65% the S&P500.
Hammerson plc is a United Kingdom-based real estate investment trust . The company has a market cap of 4.67 billion GBP. The Company, through its subsidiaries, is engaged in property investment and development, investment holding or management. It has 6.87 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.