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Hammers PLC (LON:HMSO) stock price target increased to 658.00GBX, issued a research note today by HSBC

Yesterday Hammers PLC (LON:HMSO) traded 0.43% higher at 580.00GBX. The company’s 50-day moving average is 577.49GBX and its 200-day moving average is 566.85GBX. The last closing price is up 3.55% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,780,900 shares of the stock traded hands, up from an average trading volume of 2,865,760

In a report released on 09/30/2016 HSBC increased the stock price target of Hammers PLC (LON:HMSO) from 576.00GBX to 658.00GBX indicating a possible upside of 0.13%.

Previously on 9/22/2016, Liberum Capital reported on Hammers PLC (LON:HMSO) held steady the target price at 550.00GBX. At the time, this indicated a possible downside of -0.05%.

See Chart Below

Hammers PLC (LON:HMSO)

Hammers PLC has a 52 week low of 400.00GBX and a 52 week high of 650.50GBX with a P/E ratio of 8.20 The company’s market cap is currently 0 GBX.

In addition to HSBC reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is 617.32GBX with 5 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Hammers PLC (LON:HMSO)

Hammerson plc is a United Kingdom-based real estate investment trust (REIT). The Company is an owner, manager and developer of retail destinations in Europe. The Company's segments are United Kingdom (UK) and France. The Company's properties include shopping centers, convenient retail parks and premium outlet villages. The Company's portfolio includes investments in approximately 20 prime shopping centers in the UK and France; over 20 convenient retail parks in the UK, and approximately 15 premium outlets across Europe. Its UK shopping centers portfolio comprises over 10 centers, which has approximately 150 million visitors each year. The Company's UK shopping centers portfolio provides over 755,000 square meter of space. Its UK retail parks portfolio provides over 500,000 square meters of lettable space to over 460 tenants. The shopping centers portfolio in France consists of over 10 centers having approximately 90 million visitors each year.

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