Nomura Reiterates Buy Rating for Home Retail Group Plc (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “buy” rating reiterated by equities researchers at Nomura in a research report issued on Friday, Analyst Ratings Network reports. They currently have a GBX 215 ($3.43) target price on the stock. Nomura’s price target would indicate a potential upside of 20.92% from the company’s current price.
Shares of Home Retail Group Plc (LON:HOME) opened at 181.60 on Friday. Home Retail Group Plc has a 52 week low of GBX 102.30 and a 52 week high of GBX 179.00. The stock’s 50-day moving average is GBX 154.8 and its 200-day moving average is GBX 149.. The company’s market cap is £1.453 billion.
A number of other analysts have also recently weighed in on HOME. Analysts at Nplus1 Brewin raised their price target on shares of Home Retail Group Plc from GBX 165 ($2.63) to GBX 175 ($2.79) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at N+1 Singer raised their price target on shares of Home Retail Group Plc from GBX 165 ($2.63) to GBX 175 ($2.79) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Finally, analysts at AlphaValue reiterated a “sell” rating on shares of Home Retail Group Plc in a research note to investors on Thursday, October 10th. They now have a GBX 129 ($2.06) price target on the stock. Twelve research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 142.07 ($2.27).
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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