Numis Securities reaffirmed their hold rating on shares of Hammerson (LON:HMSO) in a research note published on Thursday. They currently have a GBX 515 ($6.98) target price on the real estate investment trust’s stock.

Other research analysts have also issued research reports about the stock. Deutsche Bank reiterated a buy rating and set a GBX 650 ($8.81) price objective on shares of Hammerson in a research note on Monday, October 23rd. Goldman Sachs Group upgraded shares of Hammerson to a buy rating and set a GBX 625 ($8.48) price objective for the company in a research note on Friday, December 8th. Canaccord Genuity reduced their price objective on shares of Hammerson from GBX 655 ($8.88) to GBX 590 ($8.00) and set a buy rating for the company in a research note on Friday, December 22nd. Liberum Capital reiterated a hold rating and set a GBX 610 ($8.27) price objective on shares of Hammerson in a research note on Tuesday, December 12th. Finally, Peel Hunt restated a hold rating and set a GBX 550 ($7.46) price target on shares of Hammerson in a research note on Wednesday, December 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 595.25 ($8.07).

Hammerson (LON HMSO) traded down GBX 1.60 ($0.02) during midday trading on Thursday, hitting GBX 499 ($6.77). 7,843,163 shares of the company traded hands, compared to its average volume of 4,300,000. The company has a market cap of $3,960.00 and a price-to-earnings ratio of 891.07. Hammerson has a 1 year low of GBX 493.10 ($6.69) and a 1 year high of £523.38 ($709.76).

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Hammerson 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.

Analyst Recommendations for Hammerson (LON:HMSO)

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