Key Points
- Insider sale: Rita-Rose Gagné sold 279,905 shares on Dec. 9 at an average price of GBX 308, for a total of £862,107.40.
- Hammerson shares opened at GBX 307.40 (50-day/200-day SMAs: GBX 305.37/295.95), trade within a 52-week range of GBX 219.20–327.80, with a market cap of ~£1.63bn and a P/E of ~21.96.
- Analyst outlook: Ratings are mixed (three Buys, one Hold, one Sell), resulting in a consensus "Hold" and an average price target of GBX 326.
Hammerson Plc (LON:HMSO - Get Free Report) insider Rita-Rose Gagné sold 279,905 shares of the business's stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of GBX 308, for a total value of £862,107.40.
Hammerson Stock Performance
Shares of LON HMSO opened at GBX 307.40 on Friday. The business's 50-day simple moving average is GBX 305.37 and its 200-day simple moving average is GBX 295.95. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. Hammerson Plc has a 52 week low of GBX 219.20 and a 52 week high of GBX 327.80. The firm has a market cap of £1.63 billion, a price-to-earnings ratio of 21.96, a P/E/G ratio of 1.68 and a beta of 2.30.
Wall Street Analysts Forecast Growth
HMSO has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective on shares of Hammerson from GBX 234 to GBX 245 and gave the stock an "underperform" rating in a research note on Tuesday, October 28th. Peel Hunt reissued a "buy" rating and set a GBX 350 target price on shares of Hammerson in a research report on Friday, October 10th. Panmure Gordon reaffirmed a "buy" rating and issued a GBX 330 price target on shares of Hammerson in a research report on Monday, November 24th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Hammerson from GBX 300 to GBX 320 and gave the stock a "hold" rating in a research report on Monday, November 24th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of GBX 326.
Get Our Latest Analysis on HMSO
Hammerson Company Profile
(
Get Free Report)
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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