Reaffirmed: Hammerson PLC (LON:HMSO) “Overweight” Rating Kept by Analysts at JP Morgan Cazenove; GBX 640.00 Target in Place

September 8, 2018 - By Victoria Pittman

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Hammerson PLC (LON:HMSO) Rating Reaffirmed

In an analyst report sent to clients and investors this morning, JP Morgan Cazenove reiterated their “Overweight” rating on Hammerson PLC (LON:HMSO) shares. The target price per share suggests a possible upside of 41.37 % from company’s last stock close.

Hammerson plc (LON:HMSO) Ratings Coverage

Among 10 analysts covering Hammerson PLC (LON:HMSO), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Hammerson PLC has GBX 700 highest and GBX 460 lowest target. GBX 557.60’s average target is 24.63% above currents GBX 447.4 stock price. Hammerson PLC had 36 analyst reports since March 13, 2018 according to SRatingsIntel. Goldman Sachs maintained it with “Buy” rating and GBX 620 target in Wednesday, March 14 report. The company was maintained on Monday, March 19 by Liberum Capital. On Wednesday, April 11 the stock rating was maintained by Peel Hunt with “Hold”. The stock has “Neutral” rating by UBS on Wednesday, September 5. The stock of Hammerson plc (LON:HMSO) has “Neutral” rating given on Monday, April 23 by Goldman Sachs. The stock has “Hold” rating by Numis Securities on Wednesday, April 18. The firm has “Hold” rating by Peel Hunt given on Friday, April 13. The firm earned “Hold” rating on Monday, August 6 by Numis Securities. Liberum Capital maintained Hammerson plc (LON:HMSO) on Monday, July 23 with “Hold” rating. JP Morgan maintained it with “Overweight” rating and GBX 700 target in Thursday, May 3 report.

The stock increased 0.45% or GBX 2 during the last trading session, reaching GBX 447.4. About 3.53M shares traded. Hammerson plc (LON:HMSO) has 0.00% since September 8, 2017 and is . It has underperformed by 12.57% the S&P500.

Hammerson plc is a publicly owned real estate investment trust. The company has market cap of 3.50 billion GBP. The firm engages in investing, developing, and managing retail properties. It has a 22.71 P/E ratio. It invests in real estate market of Europe with a focus in United Kingdom, Germany, and France.

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