Analysts Issue Mixed Ratings on UK Property Stocks

Analysts maintain a moderately positive view of Hammerson, with three Buy and three Hold ratings and a consensus 12-month price target of about 382 pence. Jefferies reiterated its Hold rating with a 351-pence target, while other firms’ targets range from 395 to 454 pence for Hold and Buy recommendations. Hammerson shares were reported at 342 pence, up 2.03% from the previous close but 11.31% below their 52-week high.