Home Retail Group Plc Receives “Sell” Rating from AlphaValue (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “sell” rating reiterated by investment analysts at AlphaValue in a note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 129 ($2.07) price target on the stock. AlphaValue’s price target points to a potential downside of 23.80% from the stock’s previous close.
Shares of Home Retail Group Plc (LON:HOME) traded up 1.89% on Thursday, hitting GBX 172.50. The stock had a trading volume of 466,201 shares. Home Retail Group Plc has a 52-week low of GBX 96.60 and a 52-week 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 £1.380 billion.
HOME has been the subject of a number of other recent research reports. Analysts at Societe Generale downgraded shares of Home Retail Group Plc from a “hold” rating to a “sell” rating in a research note to investors on Tuesday. They now have a GBX 155 ($2.49) price target on the stock, up previously from GBX 128 ($2.05). Separately, analysts at Nomura raised their price target on shares of Home Retail Group Plc from GBX 200 ($3.21) to GBX 215 ($3.45) in a research note to investors on Friday, October 4th. They now have a “buy” rating on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Home Retail Group Plc in a research note to investors on Monday, September 23rd. They now have a GBX 210 ($3.37) price target on the stock. Twelve analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 139.15 ($2.23).
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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