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Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an announcement.
Hammerson plc announced transactions involving the purchase of ordinary shares by its directors and persons discharging managerial responsibilities (PDMRs) under a dividend reinvestment plan. These transactions, conducted on the London Stock Exchange, reflect the company’s adherence to the UK Market Abuse Regulation. The purchases by key executives, including the CEO and CFO, indicate a continued commitment to the company’s growth and stability, potentially boosting stakeholder confidence.
The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.
Spark’s Take on GB:HMSO Stock
According to Spark, TipRanks’ AI Analyst, GB:HMSO is a Neutral.
Hammerson plc’s stock score is driven by strong technical indicators and positive corporate actions like share buybacks. Despite financial challenges, the strategic realignment and operational improvements highlighted in the earnings call provide optimism. High leverage and ongoing profitability issues remain significant risks.
To see Spark’s full report on GB:HMSO stock, click here.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that operates in the property industry, focusing on the ownership, development, and management of retail properties. The company is known for its portfolio of shopping centers, retail parks, and premium outlets across Europe, primarily in the UK, France, and Ireland.
Average Trading Volume: 1,168,608
Technical Sentiment Signal: Buy
Current Market Cap: £1.41B
See more data about HMSO stock on TipRanks’ Stock Analysis page.