Peel Hunt reissued their hold rating on shares of Hammerson (LON:HMSO) in a research report released on Wednesday morning. Peel Hunt currently has a GBX 525 ($7.12) price objective on the real estate investment trust’s stock, down from their prior price objective of GBX 550 ($7.46).

Several other equities analysts also recently issued reports on the stock. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 725 ($9.83) price objective on shares of Hammerson in a report on Friday, November 10th. Goldman Sachs Group raised shares of Hammerson to a buy rating and set a GBX 625 ($8.48) price objective on the stock in a report on Friday, December 8th. Liberum Capital reaffirmed a hold rating and set a GBX 610 ($8.27) price objective on shares of Hammerson in a report on Wednesday, November 22nd. Jefferies Group reaffirmed an underperform rating and set a GBX 464 ($6.29) price objective on shares of Hammerson in a report on Friday, November 24th. Finally, Canaccord Genuity decreased their price objective on shares of Hammerson from GBX 655 ($8.88) to GBX 590 ($8.00) and set a buy rating on the stock in a report on Friday, December 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 595.25 ($8.07).

Hammerson (LON:HMSO) traded down GBX 8.60 ($0.12) on Wednesday, reaching GBX 500.60 ($6.79). 6,634,298 shares of the company’s stock traded hands, compared to its average volume of 4,660,000. The stock has a market capitalization of $3,940.00 and a P/E ratio of 893.93. Hammerson has a fifty-two week low of GBX 493.10 ($6.69) and a fifty-two week high of £523.38 ($709.76).

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About Hammerson

Hammerson plc is a real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments include United Kingdom, France and Ireland. The Company’s portfolio includes investments in approximately 20 prime shopping centers in the United Kingdom, France and Ireland, over 20 convenient retail parks in the United Kingdom and approximately 20 premium outlets across Europe.

Analyst Recommendations for Hammerson (LON:HMSO)

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