Hammerson plc (HMSO) Given Neutral Rating at BNP Paribas
Hammerson plc (LON:HMSO)‘s stock had its “neutral” rating reissued by research analysts at BNP Paribas in a research note issued on Wednesday. They presently have a GBX 600 ($7.44) price target on the real estate investment trust’s stock. BNP Paribas’ price objective would indicate a potential upside of 9.09% from the company’s current price.
Several other brokerages have also recently issued reports on HMSO. Deutsche Bank AG restated a “buy” rating and issued a GBX 665 ($8.25) price target on shares of Hammerson plc in a research report on Tuesday, October 4th. JPMorgan Chase & Co. boosted their price target on Hammerson plc from GBX 730 ($9.06) to GBX 750 ($9.30) and gave the company an “overweight” rating in a research report on Tuesday, September 6th. HSBC boosted their target price on Hammerson plc from GBX 576 ($7.15) to GBX 658 ($8.16) and gave the stock a “buy” rating in a research report on Friday, September 30th. Morgan Stanley boosted their target price on Hammerson plc from GBX 510 ($6.33) to GBX 575 ($7.13) and gave the stock an “equal weight” rating in a research report on Wednesday, August 31st. Finally, Numis Securities Ltd dropped their target price on Hammerson plc from GBX 600 ($7.44) to GBX 574 ($7.12) and set a “hold” rating on the stock in a research report on Tuesday, August 16th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 628.78 ($7.80).
Shares of Hammerson plc (LON:HMSO) opened at 550.00 on Wednesday. The company’s 50-day moving average price is GBX 554.85 and its 200 day moving average price is GBX 560.17. The firm’s market capitalization is GBX 4.33 billion. Hammerson plc has a 12-month low of GBX 400.00 and a 12-month high of GBX 638.00.
Hammerson plc Company Profile
Hammerson plc is a United Kingdom-based real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company’s segments are United Kingdom (UK) and France. The Company’s properties include shopping centers, convenient retail parks and premium outlet villages.
Receive News & Ratings for Hammerson plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hammerson plc and related companies with MarketBeat.com's FREE daily email newsletter.