Credit Suisse Group reaffirmed their outperform rating on shares of Hammerson plc (LON:HMSO) in a research note published on Friday, July 21st.
A number of other research firms also recently commented on HMSO. J P Morgan Chase & Co restated an overweight rating and set a GBX 725 ($9.41) price objective on shares of Hammerson plc in a report on Tuesday, April 11th. BNP Paribas restated a neutral rating and set a GBX 600 ($7.79) target price on shares of Hammerson plc in a research note on Monday, April 3rd. HSBC Holdings plc raised their target price on Hammerson plc from GBX 658 ($8.54) to GBX 668 ($8.67) and gave the company a buy rating in a research note on Tuesday, April 25th. Barclays PLC reaffirmed an equal weight rating and set a GBX 590 ($7.66) price target on shares of Hammerson plc in a research report on Tuesday, June 13th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and set a GBX 607 ($7.88) price target on shares of Hammerson plc in a research report on Thursday, June 15th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of GBX 601.08 ($7.80).
Shares of Hammerson plc (LON HMSO) traded up 0.70% on Friday, reaching GBX 577.50. The company’s stock had a trading volume of 1,867,327 shares. Hammerson plc has a 12-month low of GBX 529.00 and a 12-month high of GBX 614.50. The firm has a 50 day moving average price of GBX 578.19 and a 200-day moving average price of GBX 580.51. The stock’s market cap is GBX 4.58 billion.
The company also recently announced a dividend, which will be paid on Monday, October 9th. Investors of record on Thursday, August 31st will be issued a GBX 10.70 ($0.14) dividend. The ex-dividend date is Thursday, August 31st. This represents a yield of 1.84%.
In other news, insider Timon Drakesmith sold 101,005 shares of the business’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of GBX 578 ($7.50), for a total transaction of £583,808.90 ($757,898.09). Also, insider Jean-Philippe Mouton sold 59,791 shares of the company’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of GBX 579 ($7.52), for a total transaction of £346,189.89 ($449,422.16).
About Hammerson plc
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.
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