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1 Comment
Hammerson plc is currently in a long term uptrend where the price is trading 34.2% above its 200 day moving average.
From a valuation standpoint, the stock is 33.4% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 4.3.
Finally, its free cash flow fell by 7.5% to $-23M since the same quarter in the previous year.
Based on the above factors, Hammerson plc gets an overall score of 2/5.
CurrencyCode | EUR |
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ISIN | GB00BK7YQK64 |
Sector | Real Estate |
Industry | REIT - Retail |
Exchange | F |
Beta | 2.29 |
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Market Cap | 189M |
PE Ratio | None |
Target Price | None |
Dividend Yield | 4.8% |
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.
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