Hansteen Holdings plc (LON:HSTN) had its target price hoisted by JPMorgan Chase & Co. from GBX 110 ($1.41) to GBX 125 ($1.60) in a research note issued to investors on Tuesday morning. JPMorgan Chase & Co. currently has an underweight rating on the real estate investment trust’s stock.
A number of other analysts have also commented on HSTN. Numis Securities Ltd boosted their price target on Hansteen Holdings plc from GBX 119 ($1.52) to GBX 122 ($1.56) and gave the company a hold rating in a report on Friday, January 13th. Jefferies Group LLC restated a hold rating and issued a GBX 105 ($1.34) price target on shares of Hansteen Holdings plc in a report on Thursday, January 19th. Liberum Capital boosted their price target on Hansteen Holdings plc from GBX 120 ($1.53) to GBX 130 ($1.66) and gave the company a buy rating in a report on Friday, February 3rd. Finally, Peel Hunt restated a restricted rating on shares of Hansteen Holdings plc in a report on Monday, March 20th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 132 ($1.69).
Hansteen Holdings plc (LON:HSTN) traded down 0.24% during mid-day trading on Tuesday, reaching GBX 124.50. The company’s stock had a trading volume of 2,234,247 shares. The stock’s market cap is GBX 927.65 million. Hansteen Holdings plc has a 52-week low of GBX 94.50 and a 52-week high of GBX 130.83. The company has a 50 day moving average of GBX 121.72 and a 200-day moving average of GBX 113.24.
The firm also recently declared a dividend, which will be paid on Thursday, May 18th. Shareholders of record on Thursday, April 20th will be given a dividend of GBX 3.70 ($0.05) per share. This represents a yield of 3.01%. The ex-dividend date of this dividend is Thursday, April 20th. This is an increase from Hansteen Holdings plc’s previous dividend of $2.20.
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.
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