Hammerson (LON:HMSO)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research note issued to investors on Monday, October 22nd.
Other equities research analysts have also recently issued reports about the company. Credit Suisse Group cut Hammerson to an “underperform” rating and decreased their price objective for the stock from GBX 550 ($7.19) to GBX 540 ($7.06) in a research note on Thursday, August 23rd. Numis Securities restated a “hold” rating on shares of Hammerson in a research note on Monday, August 6th. Peel Hunt restated a “hold” rating on shares of Hammerson in a research note on Monday, July 23rd. Liberum Capital restated a “hold” rating on shares of Hammerson in a research note on Monday, October 8th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 640 ($8.36) price objective on shares of Hammerson in a research note on Thursday, September 6th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. Hammerson has a consensus rating of “Hold” and an average target price of GBX 539.62 ($7.05).
HMSO opened at GBX 442.60 ($5.78) on Monday. Hammerson has a 12-month low of GBX 430.40 ($5.62) and a 12-month high of £523.38 ($683.89).
Hammerson is an owner, manager and developer of retail destinations in Europe. Our portfolio of high- quality retail property has a value of around £10.6 billion and includes 22 prime shopping centres, 15 convenient retail parks and investments in 20 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture.
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