Hammerson plc 22.1% Potential Decrease Indicated by Jefferies International

Broker Ratings
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Hammerson plc with EPIC/TICKER (LON:HMSO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Jefferies International. Hammerson plc are listed in the Financials sector within UK Main Market. Jefferies International have set a target price of 59 GBX on its stock. This now indicates the analyst believes there is a potential downside of -22.1% from today’s opening price of 75.74 GBX. Over the last 30 and 90 trading days the company share price has decreased 124.96 points and decreased 230.66 points respectively. The 1 year high for the share price is 351.9 GBX while the 52 week low for the stock is 65.24 GBX.

Hammerson plc has a 50 day moving average of 193.75 GBX and a 200 Day Moving Average share price is recorded at 256.91. There are currently 766,293,613 shares in issue with the average daily volume traded being 9,441,609. Market capitalisation for LON:HMSO is £549,432,497 GBP.

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    Hammerson plc (LON:HMSO) secures a EUR350 million non-recourse term loan for Dundrum Town Centre, partnering with PIMCO Prime Real Estate and key lenders.
    Hammerson plc sells Union Square in Aberdeen to Lone Star Real Estate Fund VI, L. P. for £111m, strengthening the balance sheet and strategic realignment.

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