Shares of Hammerson plc (LON:HMSO – Get Rating) have been given an average recommendation of "Reduce" by the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a sell recommendation and one has issued a hold recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 24.33 ($0.29).

HMSO has been the subject of a number of research analyst reports. Royal Bank of Canada cut Hammerson to an "underperform" rating and dropped their price target for the company from GBX 32 ($0.39) to GBX 17 ($0.21) in a research report on Tuesday, July 12th. Barclays raised their price target on Hammerson from GBX 22 ($0.27) to GBX 26 ($0.31) and gave the company an "underweight" rating in a research report on Thursday, August 4th. Finally, JPMorgan Chase & Co. dropped their price target on Hammerson from GBX 29 ($0.35) to GBX 22 ($0.27) and set an "underweight" rating for the company in a research report on Wednesday, August 3rd.

Hammerson Price Performance

Hammerson stock opened at GBX 26.40 ($0.32) on Monday. Hammerson has a one year low of GBX 18.24 ($0.22) and a one year high of GBX 40.22 ($0.49). The company has a market cap of £1.22 billion and a P/E ratio of -2.69. The business has a fifty day moving average of GBX 22.33 and a two-hundred day moving average of GBX 28.68. The company has a debt-to-equity ratio of 66.94, a quick ratio of 1.28 and a current ratio of 1.43.

Hammerson Announces Dividend

Hammerson Company Profile

(Get Rating)

At Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.

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