Liberum sees 'selective value' in UK REITs, upgrades Hammerson

16th Feb 2023 15:22

(Sharecast News) - Analysts at Liberum sounded a bullish note on the outlook for the the UK Real Estate Investment Trust space, telling clients that share prices now reflected the expected declines in direct property values.

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Liberum upgrades Hammerson to 'hold'

8th Nov 2022 11:20

(Sharecast News) - Liberum upgraded Hammerson to 'hold' from 'sell' on Tuesday and lifted the price target to 20p from 15p as it pointed to a more balanced risk/reward profile.

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Hammerson FY adjusted earnings seen at no less than £100m

8th Nov 2022 08:35

(Sharecast News) - Property development and investment company Hammerson raised full-year guidance on Tuesday as footfall continued to improve and sales remained above 2019 levels.

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Hammerson H1 revenues surge

28th Jul 2022 09:17

(Sharecast News) - Property development and investment firm Hammerson said on Thursday that it had continued to make "good strategic, financial and operational progress" in the first half.

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RBC Capital downgrades British Land, Landsec, Hammerson

12th Jul 2022 07:33

(Sharecast News) - British Land, Landsec and Hammerson were all under the cosh on Tuesday after RBC Capital Markets downgraded its stance on the shares, as it took a look at the London office and UK retail property markets.

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JPMorgan downgrades Hammerson, cites deteriorating consumer outlook

13th Apr 2022 09:49

(Sharecast News) - JPMorgan Cazenove downgraded shares of shopping centre owner Hammerson on Wednesday to 'underweight' from 'neutral', citing a deteriorating consumer outlook and higher borrowing cost risk.

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Director dealings: Hammerson chair invests almost £40k, Thorpe director's wife makes sale

23rd Mar 2022 16:01

(Sharecast News) - Hammerson disclosed a purchase worth almost £40k on Wednesday, made by its non-executive board chair, as it also reported the grant of share plan awards to four executives.

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Liberum stays at 'sell' on Hammerson, 'still long way to go to rebuild business'

4th Mar 2022 09:27

(Sharecast News) - Analysts at Liberum reiterated their 'sell' recommendation for shares of Hammerson, telling clients that there was "still a long way to go" to rebuild the property developer's business.

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Hammerson adjusted earnings rise as net loss narrows

4th Mar 2022 07:03

(Sharecast News) - Retail property owner Hammerson reported a rise in adjusted earnings as the easing of Covid restrictions saw a rebound of footfall to its shopping centres.

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Friday preview: Ukraine conflict, US jobs report in the spotlight

3rd Mar 2022 14:01

(Sharecast News) - Investors will continue to carefully monitor the news-flow out of Ukraine, especially the latest news around an attack against Europe's largest nuclear reactor.

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Hammerson confirms talks on sale of two shopping centres

21st Feb 2022 07:04

(Sharecast News) - Commercial property landlord Hammerson confirmed it was in talks over the possible sale of its Victoria Gate and Victoria Quarter shopping centres for £120m as it looked to strengthen its balance sheet after the Covid-pandemic.

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Sunday newspaper round-up: Canadian beef, Rio Tinto, Credit Suisse

20th Feb 2022 22:05

(Sharecast News) - Britain is prepared to reject Canadian beef treated with hormones, dealing a setback for the trade talks, which had been due to formally start in April. One Whitehall source said there was "very little room to move" on food standards and that it would be extremely difficult to climb down on the issue. Trade officials confirmed that food standards would be a "red line" during the negotiations. - Sunday Telegraph

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Hammerson upgrades FY adjusted earnings guidance

27th Jan 2022 08:01

(Sharecast News) - Real estate investment trust Hammerson said on Thursday that it now expects full-year adjusted earnings of £75.0m-80.0m, ahead of previous guidance for a minimum of £60.0m.

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Hammerson sells Glasgow mall for £140m

15th Dec 2021 07:54

(Sharecast News) - Shopping centre owner Hammerson said it had sold Silverburn, a shopping centre near Glasgow and jointly owned by Hammerson and the Canada Pension Plan Investment Board, to affiliates of Henderson Park and Eurofund, for £140m.

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Hammerson lifts earnings forecast on strong rental outlook

2nd Dec 2021 11:53

(Sharecast News) - Hammerson raised its expectations in an update on Thursday, announcing that assuming no further periods of Covid-19-related disruption in December, it now anticipated adjusted earnings of at least £60m for the 2021 financial year.

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