Brokerages Set Hammerson (HMSNF) Price Target at $7.50

Shares of Hammerson (OTCMKTS:HMSNF) have been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the stock. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $7.50.

Several brokerages have recently weighed in on HMSNF. Zacks Investment Research upgraded Hammerson from a “hold” rating to a “buy” rating and set a $7.50 target price for the company in a research note on Wednesday, March 8th. Jefferies Group LLC downgraded Hammerson from a “hold” rating to an “underperform” rating in a research note on Thursday, January 19th. Finally, Goldman Sachs Group Inc downgraded Hammerson from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 25th.

Shares of Hammerson (OTCMKTS:HMSNF) opened at 6.86 on Wednesday. Hammerson has a 12-month low of $6.18 and a 12-month high of $8.60. The stock has a market capitalization of $5.43 billion, a P/E ratio of 13.80 and a beta of 0.46. The stock has a 50 day moving average price of $6.79 and a 200 day moving average price of $6.92.

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Hammerson Company Profile

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