Hammerson PLC (OTCMKTS:HMSNF) Receives Average Rating of “Moderate Buy” from Analysts

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

Several research analysts recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Hammerson in a research note on Tuesday, September 1st. Barclays reiterated an “overweight” rating on shares of Hammerson in a report on Monday, August 24th. Citigroup reiterated a “buy” rating on shares of Hammerson in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Hammerson in a report on Wednesday, August 12th.

Hammerson Trading Down 5.0%

OTCMKTS:HMSNF opened at $4.89 on Friday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.73. Hammerson has a 1 year low of $3.68 and a 1 year high of $5.20. The stock’s 50 day simple moving average is $5.07 and its two-hundred day simple moving average is $4.65.

About Hammerson

Hammerson plc is a real estate company that owns, develops and manages urban retail and mixed-use destinations. Its activities include the operation of shopping centres, high-street properties, leisure venues, offices and other commercial real estate, with a focus on creating destinations that combine retail, dining, entertainment and community uses.

The company’s portfolio is primarily focused on major cities in the United Kingdom and Ireland. Its properties include prominent retail destinations such as Bullring & Grand Central in Birmingham, Victoria Leeds, Cabot Circus in Bristol and the Oracle in Reading.