Click above for what became the consented plan, plus Transport page.


Hammerson downgraded by Credit Suisse

"Credit Suisse has downgraded its recommendation on property investment and development company Hammerson [LON:HMSO] to ‘neutral’ from ‘outperform’, believing that any further potential earnings growth has now to be factored into the share price.

"... Analyst Steve Bramley-Jackson said:
"For Hammerson, 2012 was a transformational year, as the company made considerable strides in refocusing the business as a specialist retail real estate investment trust (REIT).

... However, despite being one of our key picks among the major UK REITs in 2012, we consider the earnings growth now to be largely factored into the valuation, and so we are downgrading our rating for Hammerson to neutral."

No comments:

Post a Comment