Home Retail Group Plc PT Raised to GBX 175 at Societe Generale (HOME)
Analysts at Societe Generale increased their price objective on shares of Home Retail Group Plc (LON:HOME) from GBX 158 ($2.60) to GBX 175 ($2.88) in a research report issued to clients and investors on Friday, AmericanBankingNews.com reports. The firm currently has a “sell” rating on the stock. Societe Generale’s price objective indicates a potential downside of 15.70% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Home Retail Group Plc from GBX 195 ($3.21) to GBX 205 ($3.38) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Home Retail Group Plc in a research note to investors on Thursday. They now have a GBX 210 ($3.46) price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Home Retail Group Plc in a research note to investors on Friday, January 10th. They now have a GBX 140 ($2.31) price target on the stock. Eleven equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Home Retail Group Plc currently has an average rating of “Hold” and an average price target of GBX 158.25 ($2.61).
Shares of Home Retail Group Plc (LON:HOME) traded up 1.71% during mid-day trading on Friday, hitting GBX 207.60. 3,738,806 shares of the company’s stock traded hands. Home Retail Group Plc has a one year low of GBX 117.10 and a one year high of GBX 211.41. The stock’s 50-day moving average is GBX 192.9 and its 200-day moving average is GBX 173.4. The company’s market cap is £1.661 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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