Home Retail Group Plc Receives “overweight” Rating from HSBC (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “overweight” rating reaffirmed by HSBC in a research note issued on Friday, American Banking News reports. They currently have a GBX 205 ($3.21) price objective on the stock. HSBC’s target price would indicate a potential upside of 18.70% from the company’s current price.
HOME has been the subject of a number of other recent research reports. Analysts at Beaufort Securities initiated coverage on shares of Home Retail Group Plc (LON:HOME) in a research note to investors on Friday. They set a “hold” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Home Retail Group Plc (LON:HOME) from GBX 155 ($2.42) to GBX 160 ($2.50) in a research note to investors on Friday. They now have a “hold” rating on the stock. Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Home Retail Group Plc (LON:HOME) in a research note to investors on Thursday. They now have a GBX 140 ($2.19) price target on the stock.
Eleven research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 135.44 ($2.12).
Home Retail Group Plc (LON:HOME) opened at 173.40 on Friday. The stock’s 50-day moving average is GBX 152.1 and its 200-day moving average is GBX 147.9. The company’s market cap is £1.387 billion.
Home Retail Group plc is a home and general merchandise retailer. The Company is organized into three business segments: Argos, Homebase and Financial Services together with Central Activities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.