Home Retail Group Plc Given New GBX 215 Price Target at Nomura (HOME)
Equities researchers at Nomura hoisted their price target on shares of Home Retail Group Plc (LON:HOME) from GBX 200 ($3.23) to GBX 215 ($3.47) in a research report issued on Friday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Nomura’s price objective would suggest a potential upside of 28.21% from the stock’s previous close.
HOME has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “sell” rating on shares of Home Retail Group Plc (LON:HOME) in a research note to investors on Thursday, September 26th. They now have a GBX 136 ($2.19) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Home Retail Group Plc (LON:HOME) in a research note to investors on Monday, September 23rd. They now have a GBX 210 ($3.39) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Home Retail Group Plc (LON:HOME) in a research note to investors on Tuesday, September 17th. They now have a GBX 128 ($2.07) price target on the stock. Eleven analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 138.32 ($2.23).
Shares of Home Retail Group Plc (LON:HOME) opened at 168.80 on Friday. Home Retail Group Plc has a one year low of GBX 92.45 and a one year high of GBX 178.00. The stock has a 50-day moving average of GBX 154.8 and a 200-day moving average of GBX 149.. The company’s market cap is £1.350 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.
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