Hammerson plc (HMSO) Receives Consensus Recommendation of “Hold” from Brokerages

Hammerson plc (LON:HMSO) has received a consensus recommendation of “Hold” from the twelve ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 599 ($7.88).

Several equities research analysts have recently weighed in on HMSO shares. Liberum Capital raised their price objective on Hammerson plc from GBX 600 ($7.89) to GBX 610 ($8.02) and gave the stock a “hold” rating in a research note on Tuesday, August 1st. Deutsche Bank AG raised their price objective on Hammerson plc from GBX 630 ($8.29) to GBX 650 ($8.55) and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Beaufort Securities reissued a “hold” rating on shares of Hammerson plc in a research note on Thursday, July 27th. Credit Suisse Group reissued an “outperform” rating and set a GBX 605 ($7.96) price objective on shares of Hammerson plc in a research note on Thursday, July 27th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 725 ($9.54) price objective on shares of Hammerson plc in a research note on Tuesday, October 24th.

Hammerson plc (LON HMSO) opened at GBX 524 ($6.89) on Friday. Hammerson plc has a 1 year low of GBX 512 ($6.73) and a 1 year high of GBX 614.50 ($8.08).

In other news, insider Timon Drakesmith acquired 114 shares of Hammerson plc stock in a transaction that occurred on Monday, October 9th. The stock was purchased at an average price of GBX 534 ($7.02) per share, with a total value of £608.76 ($800.68).

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About Hammerson plc

Hammerson plc is a real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments include United Kingdom, France and Ireland. The Company’s portfolio includes investments in approximately 20 prime shopping centers in the United Kingdom, France and Ireland, over 20 convenient retail parks in the United Kingdom and approximately 20 premium outlets across Europe.

Analyst Recommendations for Hammerson plc (LON:HMSO)

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