Hammerson (LON:HMSO) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Hammerson (LON:HMSO) had its price target lifted by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 370 to GBX 395 in a report released on Tuesday,London Stock Exchange reports. The firm currently has a “hold” rating on the real estate investment trust’s stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 3.19% from the company’s current price.

A number of other equities analysts have also weighed in on HMSO. Citigroup boosted their price objective on shares of Hammerson from GBX 385 to GBX 454 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 448 target price on shares of Hammerson in a research note on Thursday, July 30th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 360 price target on shares of Hammerson in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 382.14.

Hammerson Stock Performance

Hammerson stock opened at GBX 382.80 on Tuesday. Hammerson has a fifty-two week low of GBX 264 and a fifty-two week high of GBX 391.80. The company has a market capitalization of £2.23 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 1.68 and a beta of 1.79. The stock has a fifty day moving average of GBX 362.41 and a two-hundred day moving average of GBX 344.14. The company has a debt-to-equity ratio of 86.37, a quick ratio of 1.28 and a current ratio of 1.00.

Hammerson (LON:HMSO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 EPS for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. On average, analysts anticipate that Hammerson will post 20.7491639 EPS for the current fiscal year.

About Hammerson

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. Our assets are high profile and play an important role in our communities, welcoming c.