Hammerson Plc (LON:HMSO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Hammerson Plc (LON:HMSO) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 366.

A number of brokerages recently commented on HMSO. Jefferies Financial Group restated a “hold” rating and issued a GBX 360 price objective on shares of Hammerson in a research report on Friday. Berenberg Bank reiterated a “buy” rating and set a GBX 448 target price on shares of Hammerson in a research report on Thursday, July 30th.

Hammerson Stock Performance

Shares of HMSO opened at GBX 385.40 on Thursday. The stock has a market capitalization of £2.04 billion, a P/E ratio of 8.38, a P/E/G ratio of 1.68 and a beta of 1.79. The company has a debt-to-equity ratio of 86.37, a quick ratio of 1.28 and a current ratio of 1.00. Hammerson has a 1 year low of GBX 264 and a 1 year high of GBX 391.80. The company’s fifty day moving average is GBX 358.18 and its two-hundred day moving average is GBX 342.46.

Hammerson (LON:HMSO) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a net margin of 86.23% and a return on equity of 11.84%. On average, sell-side analysts predict that Hammerson will post 20.7491639 earnings per share for the current year.

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.