Hammerson (LON:HMSO)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a report issued on Thursday. They presently have a GBX 640 ($8.26) price objective on the real estate investment trust’s stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 43.05% from the company’s current price.

A number of other research firms have also commented on HMSO. Liberum Capital reduced their target price on Hammerson from GBX 570 ($7.35) to GBX 540 ($6.97) and set a “hold” rating for the company in a report on Thursday, July 26th. Peel Hunt reissued a “hold” rating on shares of Hammerson in a report on Monday, July 23rd. Numis Securities reissued a “hold” rating and issued a GBX 590 ($7.61) target price on shares of Hammerson in a report on Monday, July 23rd. UBS Group lowered Hammerson to a “neutral” rating and reduced their target price for the stock from GBX 600 ($7.74) to GBX 490 ($6.32) in a report on Wednesday. Finally, Credit Suisse Group lowered Hammerson to an “underperform” rating and reduced their target price for the stock from GBX 545 ($7.03) to GBX 540 ($6.97) in a report on Wednesday, June 6th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 552.23 ($7.12).

HMSO stock opened at GBX 447.40 ($5.77) on Thursday. Hammerson has a twelve month low of GBX 430.40 ($5.55) and a twelve month high of £523.38 ($675.15).

Hammerson (LON:HMSO) last posted its quarterly earnings data on Tuesday, July 24th. The real estate investment trust reported GBX 15.10 ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 15.60 ($0.20) by GBX (0.50) (($0.01)). Hammerson had a net margin of 97.06% and a return on equity of 3.36%.

About Hammerson

Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our portfolio of high-quality retail property has a value of around £10.5 billion and includes 23 prime shopping centres, 17 convenient retail parks and investments in 20 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture.

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Analyst Recommendations for Hammerson (LON:HMSO)

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