Hansteen (HSTN) PT Raised to GBX 143

Hansteen (LON:HSTN) had its price objective upped by research analysts at Stifel Nicolaus from GBX 141 ($2.02) to GBX 143 ($2.05) in a note issued to investors on Thursday, March 22nd. The firm presently has a “hold” rating on the real estate investment trust’s stock. Stifel Nicolaus’ price target suggests a potential upside of 13.13% from the company’s previous close.

Several other research analysts have also weighed in on HSTN. Peel Hunt upped their price objective on shares of Hansteen from GBX 138 ($1.98) to GBX 145 ($2.08) and gave the company an “add” rating in a research note on Monday, February 5th. JPMorgan Chase reiterated an “underweight” rating and issued a GBX 134 ($1.92) price objective on shares of Hansteen in a research note on Wednesday, November 29th. Liberum Capital reiterated a “hold” rating and issued a GBX 140 ($2.00) price objective on shares of Hansteen in a research note on Monday, January 8th. Numis Securities restated a “hold” rating and set a GBX 136 ($1.95) price target on shares of Hansteen in a research note on Tuesday, March 20th. Finally, Jefferies Group restated a “hold” rating and set a GBX 130 ($1.86) price target on shares of Hansteen in a research note on Thursday, January 18th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 138 ($1.98).

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Hansteen stock traded down GBX 1 ($0.01) during trading hours on Thursday, hitting GBX 126.40 ($1.81). The company had a trading volume of 837,857 shares, compared to its average volume of 1,520,000. Hansteen has a fifty-two week low of GBX 115.90 ($1.66) and a fifty-two week high of GBX 147.90 ($2.12).

Hansteen (LON:HSTN) last released its quarterly earnings data on Tuesday, March 20th. The real estate investment trust reported GBX 4.20 ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 6.10 ($0.09) by GBX (1.90) (($0.03)). The company had revenue of GBX 5,900 million during the quarter. Hansteen had a net margin of 46.18% and a return on equity of 2.57%.

In related news, insider Morgan Lewis Jones sold 104,559 shares of the company’s stock in a transaction on Friday, April 13th. The shares were sold at an average price of GBX 126 ($1.80), for a total transaction of £131,744.34 ($188,637.37).

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About Hansteen

Hansteen Holdings PLC is a company which was incorporated in the United Kingdom and registered in England and Wales on 27 October 2005. The Company is required to comply with the provisions of the Companies Act 2006. The address of the registered office is 1st Floor, Pegasus House, 37- 43 Sackville Street, London W1S 3DL.

Analyst Recommendations for Hansteen (LON:HSTN)

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