Hammerson (LON:HMSO) Stock Rating Reaffirmed by Liberum Capital

Liberum Capital reissued their hold rating on shares of Hammerson (LON:HMSO) in a research report sent to investors on Wednesday, ThisIsMoney.Co.Uk reports.

HMSO has been the subject of a number of other reports. Goldman Sachs Group restated a neutral rating on shares of Hammerson in a report on Thursday, August 8th. JPMorgan Chase & Co. restated a neutral rating on shares of Hammerson in a report on Tuesday, July 23rd. Deutsche Bank restated a buy rating on shares of Hammerson in a report on Tuesday, July 30th. Royal Bank of Canada upgraded Hammerson to an outperform rating and lowered their target price for the company from GBX 330 ($4.31) to GBX 290 ($3.79) in a report on Monday, August 12th. Finally, UBS Group restated a neutral rating on shares of Hammerson in a report on Tuesday, July 30th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 347.58 ($4.54).

Shares of Hammerson stock opened at GBX 227.50 ($2.97) on Wednesday. The business has a 50-day moving average of GBX 245.67 and a 200 day moving average of GBX 306.28. Hammerson has a 12 month low of GBX 202.90 ($2.65) and a 12 month high of GBX 498.90 ($6.52). The stock has a market capitalization of $1.74 billion and a price-to-earnings ratio of -2.73. The company has a debt-to-equity ratio of 65.05, a current ratio of 0.87 and a quick ratio of 0.74.

The business also recently disclosed a dividend, which will be paid on Monday, October 7th. Stockholders of record on Thursday, August 29th will be paid a GBX 11.10 ($0.15) dividend. This represents a dividend yield of 4.13%. The ex-dividend date of this dividend is Thursday, August 29th. Hammerson’s payout ratio is presently -0.31%.

In related news, insider Carol Welch acquired 7,461 shares of the firm’s stock in a transaction dated Monday, June 3rd. The stock was acquired at an average price of GBX 267 ($3.49) per share, for a total transaction of £19,920.87 ($26,030.15). Also, insider Adam Metz acquired 44,000 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was bought at an average price of GBX 208 ($2.72) per share, with a total value of £91,520 ($119,587.09).

Hammerson Company Profile

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.

Further Reading: What is a Real Estate Investment Trust (REIT)?

Analyst Recommendations for Hammerson (LON:HMSO)

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