Hammerson’s (HMSO) “Hold” Rating Reiterated at Jefferies Financial Group

Hammerson (LON:HMSO)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Financial Group in a note issued to investors on Thursday, Digital Look reports. They presently have a GBX 351 target price on the real estate investment trust’s stock. Jefferies Financial Group’s price target indicates a potential upside of 2.21% from the stock’s current price.

A number of other research firms have also recently commented on HMSO. Deutsche Bank Aktiengesellschaft increased their price target on shares of Hammerson from GBX 370 to GBX 395 and gave the company a “hold” rating in a report on Tuesday, August 11th. Citigroup boosted their price objective on shares of Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Berenberg Bank lowered their price objective on Hammerson from GBX 448 to GBX 423 and set a “buy” rating on the stock in a research report on Tuesday, September 15th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 381.83.

Hammerson Stock Up 0.4%

Shares of LON:HMSO opened at GBX 343.40 on Thursday. The stock has a fifty day simple moving average of GBX 354.25 and a two-hundred day simple moving average of GBX 347.68. The stock has a market capitalization of £2.00 billion, a price-to-earnings ratio of 8.52, a PEG ratio of 1.68 and a beta of 1.79. Hammerson has a 12-month low of GBX 285.80 and a 12-month high of GBX 391.80. The company has a current ratio of 1.00, a quick ratio of 1.28 and a debt-to-equity ratio of 86.37.

Hammerson (LON:HMSO) last released its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 12.10 EPS for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. On average, research analysts anticipate that Hammerson will post 20.75 earnings per share for the current fiscal year.

Insider Transactions at Hammerson

In related news, insider Rob Wilkinson bought 478 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were bought at an average price of GBX 376 per share, for a total transaction of £1,797.28. Corporate insiders own 9.38% of the company’s stock.

About Hammerson

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.