Free Trial

Hammerson (OTCMKTS:HMSNF) Reaches New 12-Month High - Still a Buy?

Hammerson logo with Finance background

Shares of Hammerson Plc (OTCMKTS:HMSNF - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $4.12 and last traded at $4.12, with a volume of 0 shares. The stock had previously closed at $4.12.

Analyst Ratings Changes

Several research firms have recently weighed in on HMSNF. UBS Group upgraded Hammerson to a "strong-buy" rating in a research note on Friday, July 26th. Citigroup upgraded shares of Hammerson to a "strong-buy" rating in a research note on Wednesday, September 18th.

View Our Latest Stock Analysis on Hammerson

Hammerson Stock Performance

The firm's 50-day simple moving average is $1.62 and its 200-day simple moving average is $0.80.

About Hammerson

(Get Free Report)

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Hammerson right now?

Before you consider Hammerson, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hammerson wasn't on the list.

While Hammerson currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Is Palantir Heading for a $50 Price Target?

Is Palantir Heading for a $50 Price Target?

Is a $50 price target in reach, or should investors wait for a pullback on Palantir? Get the latest insights from MarketBeat Analyst Chris Markoch.

Related Videos

Palantir’s Big Move: What Does Joining the S&P 500 Mean for Investors?
Palantir’s Growth Surge: Why This Stock Is A Top Buy
Top Stocks to Buy, Sell, and Hold Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines