Hammerson (LON: HMSO)‘s stock had its “reduce” rating restated by analysts at Investec Securities in a research report issued to clients and investors on Friday. They currently have a $7.36 (490 GBX) price target on the stock.
A number of other firms have also recently commented on HMSO. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Hammerson in a research note to investors on Friday. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Hammerson in a research note to investors on Friday. They now have a $6.81 price target on the stock. Finally, analysts at Investec reiterated a “reduce” rating on shares of Hammerson in a research note to investors on Friday. They now have a $7.43 price target on the stock.
Shares of Hammerson traded up 2.45% during mid-day trading on Friday, hitting GBX 506.50. Hammerson has a 52 week low of GBX 339.20 and a 52 week high of GBX 475.80. The stock’s 50-day moving average is currently GBX 459.7. The company’s market cap is £3.603 billion.
Hammerson plc is a real estate investment trust (REIT). The principal activities of the Company include property investment and development.
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