Hammerson PT Raised to $8.04 at Jefferies Group (HMSO)
Investment analysts at Jefferies Group raised their target price on shares of Hammerson (LON: HMSO) from $7.16 (476 GBX) to $8.04 (535 GBX) in a note issued to investors on Monday. The firm currently has a “hold” rating on the stock.
Shares of Hammerson opened at 507.50 on Monday. Hammerson has a one year low of GBX 386.20 and a one year high of GBX 507.00. The stock’s 50-day moving average is currently GBX 459.7. The company’s market cap is £3.610 billion.
A number of other analysts have also recently weighed in on HMSO. Analysts at Goldman Sachs raised their price target on shares of Hammerson from $8.03 to $8.21 in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Investec Securities reiterated a “reduce” rating on shares of Hammerson in a research note to investors on Friday. They now have a $7.36 price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Hammerson in a research note to investors on Friday.
Hammerson plc is a real estate investment trust (REIT). The principal activities of the Company include property investment and development.
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