Deutsche Bank AG reissued their buy rating on shares of Hammerson plc (LON:HMSO) in a report published on Tuesday. Deutsche Bank AG currently has a GBX 665 ($8.68) price target on the real estate investment trust’s stock.
Several other brokerages also recently issued reports on HMSO. BNP Paribas reissued a neutral rating and set a GBX 530 ($6.92) price objective on shares of Hammerson plc in a research note on Monday, June 27th. Numis Securities Ltd reduced their price objective on shares of Hammerson plc from GBX 600 ($7.83) to GBX 574 ($7.49) and set a hold rating on the stock in a research note on Tuesday, August 16th. JPMorgan Chase & Co. upped their price objective on shares of Hammerson plc from GBX 730 ($9.53) to GBX 750 ($9.79) and gave the company an overweight rating in a research note on Tuesday, September 6th. Liberum Capital downgraded shares of Hammerson plc to a hold rating and reduced their price objective for the company from GBX 704 ($9.19) to GBX 550 ($7.18) in a research note on Monday, July 4th. Finally, Credit Suisse Group AG reduced their price objective on shares of Hammerson plc from GBX 610 ($7.96) to GBX 495 ($6.46) and set an outperform rating on the stock in a research note on Tuesday, June 28th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Hammerson plc presently has an average rating of Buy and a consensus price target of GBX 626.56 ($8.18).
Hammerson plc (LON:HMSO) opened at 581.25 on Tuesday. The firm has a 50-day moving average of GBX 579.24 and a 200 day moving average of GBX 566.94. Hammerson plc has a 12 month low of GBX 400.00 and a 12 month high of GBX 650.50. The stock’s market cap is GBX 4.57 billion.
The company also recently disclosed a dividend, which will be paid on Monday, October 10th. Investors of record on Thursday, August 25th will be given a GBX 10.10 ($0.13) dividend. The ex-dividend date is Thursday, August 25th. This represents a yield of 1.84%.
In other news, insider Drakesmith,Timon acquired 275 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The shares were purchased at an average cost of GBX 545 ($7.11) per share, for a total transaction of £1,498.75 ($1,956.34). Also, insider Bouchut,Pierre acquired 20,000 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was purchased at an average price of GBX 554 ($7.23) per share, for a total transaction of £110,800 ($144,628.64).