UBS Group Reaffirms Neutral Rating for Hammerson (LON:HMSO)

Hammerson (LON:HMSO)‘s stock had its “neutral” rating reaffirmed by stock analysts at UBS Group in a research note issued on Tuesday, July 30th, ThisIsMoney.Co.Uk reports.

HMSO has been the topic of a number of other research reports. Barclays lowered their price objective on Hammerson from GBX 410 ($5.36) to GBX 320 ($4.18) and set an “underweight” rating on the stock in a report on Tuesday, April 16th. Liberum Capital reaffirmed a “hold” rating on shares of Hammerson in a research note on Monday, July 29th. Peel Hunt reaffirmed an “add” rating on shares of Hammerson in a research note on Monday, July 29th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Hammerson in a research note on Tuesday, July 23rd. Finally, Stifel Nicolaus downgraded shares of Hammerson to a “sell” rating and dropped their price target for the stock from GBX 340 ($4.44) to GBX 300 ($3.92) in a research note on Monday, April 8th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 362.38 ($4.74).

Hammerson stock traded up GBX 3 ($0.04) during mid-day trading on Tuesday, hitting GBX 209 ($2.73). The company’s stock had a trading volume of 3,267,138 shares, compared to its average volume of 5,840,000. The firm has a market capitalization of $1.58 billion and a PE ratio of -2.51. Hammerson has a 1 year low of GBX 202.90 ($2.65) and a 1 year high of GBX 498.90 ($6.52). The company has a current ratio of 0.87, a quick ratio of 0.74 and a debt-to-equity ratio of 65.05. The stock’s fifty day moving average is GBX 249.89 and its two-hundred day moving average is GBX 308.59.

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

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.

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Analyst Recommendations for Hammerson (LON:HMSO)

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