Peel Hunt upgraded shares of Hammerson (LON:HMSO) to a buy rating in a report published on Tuesday, Digital Look reports. They currently have GBX 270 ($3.55) price target on the real estate investment trust’s stock, down from their prior price target of GBX 300 ($3.95).
A number of other analysts also recently issued reports on the stock. Bank of America reduced their price target on shares of Hammerson from GBX 250 ($3.29) to GBX 240 ($3.16) and set an underperform rating on the stock in a report on Wednesday, January 15th. Royal Bank of Canada lifted their price target on shares of Hammerson from GBX 290 ($3.81) to GBX 300 ($3.95) and gave the company a sector performer rating in a report on Monday, December 16th. Barclays reiterated an underweight rating on shares of Hammerson in a report on Wednesday, November 27th. JPMorgan Chase & Co. lifted their price target on shares of Hammerson from GBX 290 ($3.81) to GBX 300 ($3.95) and gave the company a neutral rating in a report on Thursday, January 16th. Finally, Goldman Sachs Group reduced their price target on shares of Hammerson from GBX 319 ($4.20) to GBX 316 ($4.16) and set a buy rating on the stock in a report on Friday, January 17th. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 282 ($3.71).
Shares of LON HMSO opened at GBX 240 ($3.16) on Tuesday. The company has a debt-to-equity ratio of 65.05, a quick ratio of 0.74 and a current ratio of 0.87. The company has a market cap of $1.84 billion and a P/E ratio of -2.88. The firm’s fifty day moving average is GBX 264.39 and its two-hundred day moving average is GBX 270.37. Hammerson has a 52-week low of GBX 202.90 ($2.67) and a 52-week high of GBX 396.40 ($5.21).
We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.
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