Hammerson (LON:HMSO) Given New GBX 370 Price Target at Deutsche Bank Aktiengesellschaft

Hammerson (LON:HMSO) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 320 to GBX 370 in a research report sent to investors on Friday morning, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the real estate investment trust’s stock.

HMSO has been the topic of several other research reports. Berenberg Bank upped their price objective on Hammerson from GBX 405 to GBX 409 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Panmure Gordon reissued a “buy” rating and issued a GBX 330 target price on shares of Hammerson in a research report on Monday, November 24th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hammerson presently has a consensus rating of “Moderate Buy” and an average target price of GBX 348.17.

Hammerson Price Performance

HMSO opened at GBX 322.40 on Friday. The firm has a market cap of £1.71 billion, a P/E ratio of 7.04, a PEG ratio of 1.68 and a beta of 1.81. The firm has a 50-day moving average of GBX 345.40 and a 200 day moving average of GBX 318.95. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26. Hammerson has a fifty-two week low of GBX 219.20 and a fifty-two week high of GBX 373.

Hammerson (LON:HMSO) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported GBX 46 EPS for the quarter. Hammerson had a net margin of 268.95% and a return on equity of 11.77%. On average, research analysts expect that Hammerson will post 20.7491639 EPS for the current year.

Insider Activity at Hammerson

In other news, insider Rob Wilkinson sold 72,328 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total value of £239,405.68. 10.28% of the stock is owned by insiders.

Hammerson Company Profile

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.