Hammerson (HMSNF) Rating Increased to Hold at Zacks Investment Research

Hammerson (HMSNF) Rating Increased to Hold at Zacks Investment Research

Hammerson (OTCMKTS:HMSNF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday, Zacks.com reports.

According to Zacks, “Hammerson plc is a real estate investment trust. The company’s portfolio includes commercial buildings, offices and shopping centers. It operates primarily in United Kingdom, Germany and France. Hammerson plc is based in London, the United Kingdom. “

Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Hammerson in a research note on Tuesday, January 22nd. Citigroup reissued a “sell” rating on shares of Hammerson in a research note on Friday, January 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $8.00.

Shares of HMSNF opened at $3.92 on Thursday. Hammerson has a 12 month low of $3.92 and a 12 month high of $7.17.

Hammerson Company Profile

We are an owner, manager and developer of retail destinations in Europe. Our portfolio includes investments in 22 prime shopping centres in the UK, Ireland and France, 15 convenient retail parks in the UK and 20 premium outlets across Europe.

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