Hammerson (LON:HMSO) PT Raised to GBX 32 at Barclays

by · The Markets Daily

Hammerson (LON:HMSO – Free Report) had its price target increased by Barclays from GBX 30 ($0.38) to GBX 32 ($0.40) in a research report released on Wednesday morning, Marketbeat reports. The firm currently has an overweight rating on the real estate investment trust’s stock.

Separately, Morgan Stanley upgraded Hammerson to an overweight rating and upped their price objective for the stock from GBX 27 ($0.34) to GBX 36 ($0.45) in a research note on Monday, September 4th.

View Our Latest Analysis on Hammerson

Hammerson Trading Up 3.0 %

Shares of Hammerson stock opened at GBX 27.90 ($0.35) on Wednesday. Hammerson has a 12-month low of GBX 20.50 ($0.26) and a 12-month high of GBX 30.81 ($0.39). The stock has a market cap of £1.39 billion, a P/E ratio of -697.50, a P/E/G ratio of 1.68 and a beta of 2.27. The company has a quick ratio of 1.28, a current ratio of 2.35 and a debt-to-equity ratio of 65.46. The business’s 50 day moving average is GBX 24.73 and its 200-day moving average is GBX 25.14.

Hammerson Company Profile

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Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.

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