Hammerson’s (HMSO) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Hammerson (LON:HMSO) in a report published on Thursday,Digital Look reports. They currently have a GBX 448 price objective on the real estate investment trust’s stock.

Hammerson Stock Up 3.6%

Shares of LON:HMSO opened at GBX 382 on Thursday. The firm has a 50 day simple moving average of GBX 357.16 and a 200 day simple moving average of GBX 342.13. Hammerson has a 52 week low of GBX 264 and a 52 week high of GBX 383. The company has a debt-to-equity ratio of 86.37, a quick ratio of 1.28 and a current ratio of 1.00. The company has a market cap of £2.03 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79.

Hammerson (LON:HMSO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a net margin of 86.23% and a return on equity of 11.84%. As a group, research analysts expect that Hammerson will post 20.7491639 earnings per share for the current 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.