Hammerson (LON:HMSO)‘s stock had its “hold” rating reaffirmed by Peel Hunt in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also issued research reports about the stock. HSBC reduced their price objective on shares of Hammerson from GBX 543 ($7.10) to GBX 400 ($5.23) and set a “buy” rating for the company in a research note on Thursday, March 28th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 300 ($3.92) price objective (down previously from GBX 390 ($5.10)) on shares of Hammerson in a research note on Monday, May 20th. Barclays reduced their price objective on shares of Hammerson from GBX 410 ($5.36) to GBX 320 ($4.18) and set an “underweight” rating for the company in a research note on Tuesday, April 16th. Stifel Nicolaus lowered shares of Hammerson to a “sell” rating and reduced their price objective for the company from GBX 340 ($4.44) to GBX 300 ($3.92) in a research note on Monday, April 8th. Finally, Morgan Stanley boosted their target price on shares of Hammerson from GBX 400 ($5.23) to GBX 420 ($5.49) and gave the stock an “equal weight” rating in a research report on Thursday, March 14th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. Hammerson currently has an average rating of “Hold” and a consensus price target of GBX 392 ($5.12).

HMSO stock opened at GBX 270.50 ($3.53) on Tuesday. The company has a debt-to-equity ratio of 58.29, a current ratio of 0.71 and a quick ratio of 0.58. Hammerson has a 1 year low of GBX 269.80 ($3.53) and a 1 year high of GBX 558.20 ($7.29). The firm has a market capitalization of $2.07 billion and a P/E ratio of -7.93.

In other Hammerson news, insider Timon Drakesmith sold 13,447 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of GBX 380 ($4.97), for a total transaction of £51,098.60 ($66,769.37). Also, insider David Atkins bought 17,000 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were purchased at an average cost of GBX 295 ($3.85) per share, with a total value of £50,150 ($65,529.86). In the last three months, insiders have acquired 46,461 shares of company stock valued at $13,387,087.

About Hammerson

We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.

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Analyst Recommendations for Hammerson (LON:HMSO)

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