Hammerson (NASDAQ:HMSNF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “Hammerson plc is a real estate investment trust. The company’s portfolio includes commercial buildings, offices and shopping centers. It operates primarily in United Kingdom, Germany and France. Hammerson plc is based in London, the United Kingdom. “

Shares of Hammerson (NASDAQ:HMSNF) opened at 7.54 on Friday. The firm has a 50-day moving average price of $7.52 and a 200-day moving average price of $7.27. Hammerson has a 12 month low of $6.48 and a 12 month high of $7.74. The stock has a market cap of $5.98 billion and a price-to-earnings ratio of 10.52.

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