Hammerson (LON:HMSO) Price Target Raised to GBX 320

Hammerson (LON:HMSO) had its target price upped by Deutsche Bank Aktiengesellschaft from GBX 300 to GBX 320 in a report issued on Monday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the real estate investment trust’s stock.

HMSO has been the subject of several other research reports. Panmure Gordon reiterated a “buy” rating and issued a GBX 330 price objective on shares of Hammerson in a report on Monday. Citigroup decreased their target price on shares of Hammerson from GBX 421 to GBX 385 and set a “buy” rating for the company in a research note on Monday, July 28th. Peel Hunt restated a “buy” rating and set a GBX 350 price target on shares of Hammerson in a report on Friday, October 10th. Finally, Jefferies Financial Group boosted their price objective on shares of Hammerson from GBX 234 to GBX 245 and gave the stock an “underperform” rating in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of GBX 326.

Hammerson Trading Up 0.9%

Shares of HMSO stock opened at GBX 317.23 on Monday. The stock has a market capitalization of £1.68 billion, a PE ratio of 22.66, a P/E/G ratio of 1.68 and a beta of 2.30. Hammerson has a 1-year low of GBX 219.20 and a 1-year high of GBX 319.40. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28. The business has a 50-day moving average of GBX 299.76 and a 200 day moving average of GBX 292.38.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.