Home » Reports » Broker Ratings » Hammerson plc 11.8% Potential Decrease Indicated by Bank of America Merrill Lynch

Hammerson plc 11.8% Potential Decrease Indicated by Bank of America Merrill Lynch

Hammerson plc using EPIC/TICKER code (LON:HMSO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Bank of America Merrill Lynch. Hammerson plc are listed in the Financials sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 240 GBX on its stock. This is indicating the analyst believes there is a potential downside of -11.8% from today’s opening price of 272.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 37.8 points and decreased 34.9 points respectively. The 52 week high share price is 396.4 GBX while the year low stock price is currently 202.9 GBX.

Hammerson plc has a 50 day moving average of 299.21 GBX and the 200 Day Moving Average price is recorded at 284.96. There are currently 766,293,613 shares in issue with the average daily volume traded being 3,463,534. Market capitalisation for LON:HMSO is £2,033,743,202 GBP.