Hansteen (LON:HSTN) PT Lowered to GBX 96 at Numis Securities

Hansteen (LON:HSTN) had its price target lowered by Numis Securities from GBX 101 ($1.32) to GBX 96 ($1.25) in a research report report published on Thursday, June 6th, ThisIsMoney.Co.Uk reports. The firm currently has a hold rating on the real estate investment trust’s stock.

Other research analysts have also issued research reports about the company. Peel Hunt reissued an add rating and issued a GBX 110 ($1.44) target price on shares of Hansteen in a research report on Monday, April 29th. Liberum Capital reaffirmed a buy rating on shares of Hansteen in a research report on Monday, April 29th.

LON HSTN traded up GBX 1.40 ($0.02) on Thursday, hitting GBX 97.40 ($1.27). The company’s stock had a trading volume of 603,670 shares, compared to its average volume of 1,520,000. Hansteen has a 52-week low of GBX 85.60 ($1.12) and a 52-week high of GBX 112.30 ($1.47). The company has a debt-to-equity ratio of 52.97, a quick ratio of 2.94 and a current ratio of 3.63. The firm’s 50-day simple moving average is GBX 94.93. The firm has a market capitalization of $414.00 million and a price-to-earnings ratio of 7.32.

In related news, insider Ian Richard Watson sold 391,846 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of GBX 94 ($1.23), for a total transaction of £368,335.24 ($481,295.23).

Hansteen Company Profile

Hansteen Holdings PLC is a company which was incorporated in the United Kingdom and registered in England and Wales on 27 October 2005. The Company is required to comply with the provisions of the Companies Act 2006. The address of the registered office is 1st Floor, Pegasus House, 37-43 Sackville Street, London W1S 3DL.

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