Hansteen Holdings plc (HSTN) Receives Consensus Rating of “Hold” from Brokerages

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Shares of Hansteen Holdings plc (LON:HSTN) have earned a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 120.50 ($1.57).

A number of analysts have recently issued reports on HSTN shares. Liberum Capital cut their target price on shares of Hansteen from GBX 140 ($1.83) to GBX 105 ($1.37) and set a “hold” rating for the company in a research note on Friday, July 20th. Numis Securities restated a “hold” rating and set a GBX 103 ($1.35) target price (down previously from GBX 136 ($1.78)) on shares of Hansteen in a research note on Wednesday, August 22nd. Finally, Peel Hunt restated a “buy” rating and set a GBX 120 ($1.57) target price on shares of Hansteen in a research note on Thursday, September 6th.

Shares of LON HSTN traded down GBX 0.70 ($0.01) during mid-day trading on Monday, reaching GBX 96 ($1.25). 1,191,136 shares of the company were exchanged, compared to its average volume of 1,520,000. Hansteen has a twelve month low of GBX 115.90 ($1.51) and a twelve month high of GBX 147.90 ($1.93).

The business also recently announced a dividend, which will be paid on Friday, October 26th. Stockholders of record on Thursday, September 27th will be paid a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 2.29%. The ex-dividend date is Thursday, September 27th.

About Hansteen

Hansteen Holdings PLC is a company which is incorporated in the United Kingdom under the Companies Act 2006. The address of the registered office is 1st Floor, Pegasus House, 37-43 Sackville Street, London, W1S 3DL. The Group's principal activities are those of a property group investing mainly in industrial properties in Continental Europe and the United Kingdom.

Further Reading: Yield Curve

Analyst Recommendations for Hansteen (LON:HSTN)

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