Home Retail Group Plc Upgraded to Neutral at Citigroup Inc. (HOME)
Home Retail Group Plc (LON:HOME) was upgraded by equities researchers at Citigroup Inc. to a “neutral” rating in a research report issued on Thursday, StockRatingsNetwork.com reports. The firm currently has a GBX 195 ($3.15) price target on the stock, up from their previous price target of GBX 115 ($1.86). Citigroup Inc.’s target price would indicate a potential downside of 0.61% from the company’s current price.
Home Retail Group Plc (LON:HOME) traded up 0.10% on Thursday, hitting GBX 196.20. 1,934,976 shares of the company’s stock traded hands. Home Retail Group Plc has a one year low of GBX 103.70 and a one year high of GBX 185.30. The stock has a 50-day moving average of GBX 165.5 and a 200-day moving average of GBX 153.1. The company’s market cap is £1.570 billion.
HOME has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Home Retail Group Plc in a research note to investors on Wednesday. They now have a GBX 120 ($1.94) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Home Retail Group Plc in a research note to investors on Friday, October 18th. They now have a GBX 215 ($3.48) price target on the stock. Finally, analysts at Nplus1 Brewin raised their price target on shares of Home Retail Group Plc from GBX 165 ($2.67) to GBX 175 ($2.83) in a research note to investors on Thursday, October 17th. They now have a “hold” rating on the stock. Eleven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. Home Retail Group Plc has a consensus rating of “Hold” and a consensus target price of GBX 148.32 ($2.40).
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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