Hammerson (LON:HMSO)‘s stock had its “hold” rating reissued by equities researchers at Peel Hunt in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also recently issued reports about the stock. Deutsche Bank reiterated a “buy” rating on shares of Hammerson in a research note on Tuesday, February 26th. HSBC reduced their price objective on shares of Hammerson from GBX 543 ($7.10) to GBX 400 ($5.23) and set a “buy” rating for the company in a research report on Thursday, March 28th. Morgan Stanley upped their price objective on shares of Hammerson from GBX 400 ($5.23) to GBX 420 ($5.49) and gave the stock an “equal weight” rating in a research report on Thursday, March 14th. Liberum Capital restated a “hold” rating and set a GBX 390 ($5.10) price objective on shares of Hammerson in a research report on Monday, February 25th. Finally, Goldman Sachs Group reduced their price objective on shares of Hammerson from GBX 367 ($4.80) to GBX 345 ($4.51) and set a “neutral” rating for the company in a research report on Tuesday, March 19th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 398.43 ($5.21).
HMSO opened at GBX 290.40 ($3.79) on Tuesday. The company has a quick ratio of 0.58, a current ratio of 0.71 and a debt-to-equity ratio of 58.29. Hammerson has a 1 year low of GBX 285.80 ($3.73) and a 1 year high of GBX 561.40 ($7.34). The firm has a market capitalization of $2.25 billion and a P/E ratio of -8.52.
Hammerson Company Profile
We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.
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