Equities Analysts Lower Earnings Estimates for Hammerson plc (OTCMKTS:HMSNF)

Equities Analysts Lower Earnings Estimates for Hammerson plc (OTCMKTS:HMSNF)

Hammerson plc (OTCMKTS:HMSNF) – Equities research analysts at Jefferies Financial Group dropped their FY2019 earnings estimates for Hammerson in a report issued on Monday, July 29th, Zacks Investment Research reports. Jefferies Financial Group analyst M. Prew now anticipates that the financial services provider will earn $0.34 per share for the year, down from their prior estimate of $0.35. Jefferies Financial Group also issued estimates for Hammerson’s FY2020 earnings at $0.31 EPS and FY2021 earnings at $0.30 EPS.

Other equities research analysts also recently issued reports about the company. Zacks Investment Research raised Hammerson from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Stifel Nicolaus raised Hammerson from a “sell” rating to a “hold” rating in a research note on Friday, June 21st. Finally, Royal Bank of Canada raised Hammerson from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold”.

Hammerson stock remained flat at $$2.61 during mid-day trading on Wednesday. The business has a 50 day moving average price of $3.10 and a two-hundred day moving average price of $3.95. Hammerson has a 1 year low of $2.49 and a 1 year high of $6.19.

About Hammerson

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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