Hammerson plc (LON:HMSO) Given Average Recommendation of “Reduce” by Analysts

Shares of Hammerson plc (LON:HMSOGet Rating) have been given an average rating of “Reduce” by the six research firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation and one has given a hold recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 24.67 ($0.29).

HMSO has been the topic of several research analyst reports. Barclays increased their price objective on Hammerson from GBX 22 ($0.26) to GBX 26 ($0.31) and gave the stock an “underweight” rating in a research note on Thursday, August 4th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Hammerson in a research report on Wednesday, October 12th.

Hammerson Stock Down 2.4 %

Shares of LON:HMSO opened at GBX 24.74 ($0.29) on Wednesday. Hammerson has a 52-week low of GBX 17.04 ($0.20) and a 52-week high of GBX 40.22 ($0.48). The stock has a market cap of £1.14 billion and a P/E ratio of -2.52. The business’s 50 day moving average is GBX 20.37 and its 200 day moving average is GBX 22.37. The company has a quick ratio of 1.28, a current ratio of 1.43 and a debt-to-equity ratio of 66.94.

Hammerson Company Profile

(Get Rating)

At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.

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Analyst Recommendations for Hammerson (LON:HMSO)

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