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

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

Hammerson plc (OTCMKTS:HMSNF) – Investment analysts at Jefferies Financial Group lowered their FY2019 EPS estimates for Hammerson in a research note issued on Monday, July 29th. Jefferies Financial Group analyst M. Prew now forecasts that the financial services provider will post earnings per share of $0.34 for the year, down from their prior forecast 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.

A number of other equities analysts have also recently weighed in on the company. Zacks Investment Research raised Northern Oil & Gas from a “sell” rating to a “hold” rating in a report on Wednesday. Stifel Nicolaus cut AnaptysBio from a “buy” rating to a “hold” rating and cut their price target for the stock from $124.00 to $74.00 in a report on Friday, June 21st. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Hammerson presently has a consensus rating of “Hold”.

OTCMKTS HMSNF opened at $2.93 on Wednesday. Hammerson has a fifty-two week low of $2.93 and a fifty-two week high of $6.69. The business has a fifty day moving average of $3.58.

Hammerson Company Profile

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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