Analyst Price Target is GBX 32
▼ -88.91% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Hammerson in the last 3 months. The average price target is GBX 32, with a high forecast of GBX 32 and a low forecast of GBX 32. The average price target represents a -88.91% upside from the last price of GBX 288.60.
Current Consensus is
Buy
The current consensus among 1 contributing investment analysts is to buy stock in Hammerson. This rating has held steady since March 2024, when it changed from a Hold consensus rating.
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. Our assets are high profile and play an important role in our communities, welcoming c. 175 million visitors each year and supporting 20,000+ jobs though our retail, dining and social occupiers. These destinations include Bullring in Birmingham, The Oracle in Reading, Dundrum Estate, Dublin and Terraces du Port in Marseille. We also hold investments in Value Retail, best-in-class villages such as Bicester Village, Oxfordshire. Hammerson also holds 80 acres of attractive pre-development and strategic land. This includes complementary adjacent land, creating optionality to enhance both the scale and diversity of the existing estate, and stand-alone land opportunities. These include Martineau Galleries in Birmingham and Bishopsgate Goodsyard, Shoreditch.
Read More