Hammerson (LON:HMSO) Rating Reaffirmed
In analysts note revealed to clients on Monday morning, The Buy rating of Hammerson (LON:HMSO) shares was maintained by Analysts at Panmure Gordon, who now has a GBX 825.00 target price on the stock. Panmure Gordon’s target price means a possible upside of 37.10% from the last stock close of the company.
From a total of 19 analysts covering Hammerson (LON:HMSO) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 20.92% above today’s (GBX 601.05) stock price. Hammerson was the topic of 40 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. J.P. Morgan maintained shares on December 16 with “Overweight” rating. Goldman Sachs upgraded shares to “Buy” rating and GBX 770 target share price in a report from a December 1. Liberum Capital maintained HMSO stock in a recent report from December 14 with “Buy” rating. JP Morgan maintained the rating on November 17. JP Morgan has a “Overweight” rating and a GBX 730 price target on shares. Finally, AlphaValue maintained the stock with “Buy” rating in a report issued on a December 3.
Approximately 222,952 shares of stock traded hands. Hammerson plc (LON:HMSO) has declined 12.32% since May 22, 2015 and is downtrending. It has underperformed by 6.51% the S&P500.
Hammerson plc is a United Kingdom-based real estate investment trust . The company has a market cap of 4.71 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.