Hammerson Plc (LON:HMSO) Stock Has Average Target Price of GBX 378.57

Shares of Hammerson Plc (LON:HMSO) have earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 378.57.

Several analysts have recently issued reports on the company. Citigroup increased their target price on Hammerson from GBX 385 to GBX 454 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Hammerson from GBX 370 to GBX 395 and gave the stock a “hold” rating in a research report on Tuesday, August 11th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 360 price objective on shares of Hammerson in a research note on Friday, July 31st. Finally, Berenberg Bank dropped their target price on shares of Hammerson from GBX 448 to GBX 423 and set a “buy” rating for the company in a research report on Tuesday, September 15th.

Insider Buying and Selling

In other news, insider Rob Wilkinson acquired 478 shares of the stock in a transaction on Thursday, August 13th. The stock was acquired at an average cost of GBX 376 per share, for a total transaction of £1,797.28. 9.38% of the stock is currently owned by corporate insiders.

Hammerson Trading Up 0.6%

Shares of HMSO stock opened at GBX 349 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.28 and a debt-to-equity ratio of 86.37. The stock has a market cap of £2.04 billion, a P/E ratio of 8.66, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. The stock has a 50 day simple moving average of GBX 366.32 and a 200 day simple moving average of GBX 346.23. Hammerson has a 1 year low of GBX 280.40 and a 1 year high of GBX 391.80.

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, research analysts predict that Hammerson will post 20.7491639 earnings per share for the current fiscal year.

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