Hammerson PLC (OTCMKTS:HMSNF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Hammerson PLC (OTCMKTS:HMSNF) has been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of equities analysts have recently commented on the stock. Barclays reaffirmed an “overweight” rating on shares of Hammerson in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hammerson in a research report on Wednesday, August 12th. Citigroup restated a “buy” rating on shares of Hammerson in a research note on Wednesday, August 5th. Finally, Morgan Stanley restated an “overweight” rating on shares of Hammerson in a research note on Tuesday.

Hammerson Stock Performance

HMSNF stock remained flat at $5.15 during midday trading on Tuesday. The company’s stock had a trading volume of 495 shares, compared to its average volume of 104. Hammerson has a twelve month low of $3.50 and a twelve month high of $5.20. The company’s 50-day moving average price is $4.99 and its two-hundred day moving average price is $4.59. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.73.

About Hammerson

Hammerson PLC is a UK-based real estate investment trust that specializes in owning, managing and developing retail property assets. Its portfolio encompasses shopping centres, retail parks and outlet destinations, catering to a diverse mix of fashion, leisure and convenience retailers. The company’s assets are designed to deliver high-quality experiences for consumers while generating consistent rental income from a broad tenant base.

With a primary focus on the United Kingdom and Ireland, Hammerson also maintains a presence across key European markets, including France and Germany.