JPMorgan Chase & Co. reissued their underweight rating on shares of Hansteen Holdings plc (LON:HSTN) in a research note released on Tuesday morning. They currently have a GBX 110 ($1.36) target price on the real estate investment trust’s stock.
HSTN has been the subject of several other research reports. Liberum Capital reiterated a buy rating and issued a GBX 130 ($1.61) price objective on shares of Hansteen Holdings plc in a research report on Monday, March 13th. Jefferies Group LLC reiterated a hold rating and issued a GBX 105 ($1.30) price objective on shares of Hansteen Holdings plc in a research report on Thursday, January 19th. Peel Hunt reiterated a restricted rating on shares of Hansteen Holdings plc in a research report on Monday, March 20th. Finally, Numis Securities Ltd increased their price objective on Hansteen Holdings plc from GBX 119 ($1.47) to GBX 122 ($1.51) and gave the stock a hold rating in a research report on Friday, January 13th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 126 ($1.56).
Hansteen Holdings plc (LON:HSTN) opened at 118.40 on Tuesday. Hansteen Holdings plc has a 12 month low of GBX 94.50 and a 12 month high of GBX 130.83. The stock’s 50 day moving average is GBX 116.67 and its 200 day moving average is GBX 112.17. The firm’s market cap is GBX 882.00 million.
The firm also recently disclosed a dividend, which will be paid on Thursday, May 18th. Shareholders of record on Thursday, April 20th will be given a GBX 3.70 ($0.05) dividend. This is a boost from Hansteen Holdings plc’s previous dividend of $2.20. The ex-dividend date of this dividend is Thursday, April 20th. This represents a yield of 3.01%.
Hansteen Holdings plc Company Profile
Hansteen Holdings PLC is a real estate investment trust (REIT). The Company’s principal activities consist of property investment, development, management and associated business, focusing on industrial property investments in Continental Europe and the United Kingdom. The Company’s segments are its geographical locations, which include Belgium, France, Germany, Netherlands and the United Kingdom.