Hammerson plc’s (HMSO) Hold Rating Reaffirmed at Beaufort Securities
A number of other equities research analysts have also weighed in on HMSO. Peel Hunt reaffirmed a hold rating and set a GBX 550 ($7.17) target price on shares of Hammerson plc in a research note on Wednesday, July 26th. Credit Suisse Group reaffirmed an outperform rating on shares of Hammerson plc in a research note on Friday, July 21st. Liberum Capital reaffirmed a hold rating and set a GBX 600 ($7.82) target price on shares of Hammerson plc in a research note on Wednesday, July 26th. Barclays PLC reaffirmed an equal weight rating and set a GBX 590 ($7.69) target price on shares of Hammerson plc in a research note on Tuesday, June 13th. Finally, BNP Paribas reaffirmed a neutral rating and set a GBX 600 ($7.82) target price on shares of Hammerson plc in a research note on Monday, April 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 598.77 ($7.80).
Hammerson plc (LON:HMSO) opened at 575.50 on Thursday. The firm’s market cap is GBX 4.56 billion. The stock’s 50 day moving average is GBX 584.42 and its 200 day moving average is GBX 578.63. Hammerson plc has a one year low of GBX 527.50 and a one year high of GBX 614.50.
The firm also recently declared a dividend, which will be paid on Monday, October 9th. Investors of record on Thursday, August 31st will be given a dividend of GBX 10.70 ($0.14) per share. The ex-dividend date of this dividend is Thursday, August 31st. This represents a yield of 1.84%.
In related news, insider Timon Drakesmith sold 101,005 shares of Hammerson plc stock in a transaction dated Friday, May 19th. The shares were sold at an average price of GBX 578 ($7.53), for a total transaction of £583,808.90 ($760,563.97). Also, insider Jean-Philippe Mouton sold 11,894 shares of Hammerson plc stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of GBX 584 ($7.61), for a total transaction of £69,460.96 ($90,491.09). Over the last three months, insiders have sold 172,690 shares of company stock valued at $99,945,975.
Hammerson plc Company Profile
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.
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