Hammerson (LON:HMSO) Rating Reaffirmed
They currently have a GBX 730 Estimated Target Price on Hammerson (LON:HMSO). The target price by J.P. Morgan would suggest a potential upside of 21.57% from the company’s stock price. This has been announced in a recent report on Wednesday morning.
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 20.78% above today’s (GBX 601.5) stock price. Hammerson was the topic of 39 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 14 with “Underperform” rating. JP Morgan maintained shares with “Overweight” rating and GBX 730 target share price in a report from a November 17. Deutsche Bank maintained HMSO stock in a recent report from December 7 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, Goldman Sachs upgraded the stock to “Buy” rating in a report issued on a December 1.
Approximately 528,293 shares of stock traded hands. Hammerson plc (LON:HMSO) has declined 14.93% since May 19, 2015 and is downtrending. It has underperformed by 12.30% the S&P500.
Hammerson plc is a United Kingdom-based real estate investment trust . The company has a market cap of 4.61 billion GBP. The Company, through its subsidiaries, is engaged in property investment and development, investment holding or management. It has 6.94 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.