Home Retail Group Plc Receives Hold Rating from Cantor Fitzgerald Europe (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “hold” rating reiterated by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Wednesday, American Banking and Market News reports. They currently have a GBX 215 ($3.61) target price on the stock. Cantor Fitzgerald Europe’s price objective indicates a potential upside of 6.86% from the stock’s previous close.
Home Retail Group Plc (LON:HOME) traded down 1.13% during mid-day trading on Wednesday, hitting GBX 201.20. The stock had a trading volume of 1,862,282 shares. Home Retail Group Plc has a 52-week low of GBX 126.00 and a 52-week high of GBX 225.20. The stock’s 50-day moving average is GBX 212.9 and its 200-day moving average is GBX 197.0. The company’s market cap is £1.610 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, July 23rd. Shareholders of record on Wednesday, May 21st will be given a dividend of GBX 2.30 ($0.04) per share. This represents a yield of 1.12%. The ex-dividend date of this dividend is Wednesday, May 21st.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Home Retail Group Plc in a research note on Thursday. They now have a GBX 215 ($3.61) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Home Retail Group Plc in a research note on Thursday. They now have a GBX 230 ($3.86) price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Home Retail Group Plc from GBX 320 ($5.38) to GBX 385 ($6.47) in a research note on Wednesday. They now have a “buy” rating on the stock. Seven investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 198.32 ($3.33).
Home Retail Group plc is a United kingdom-based 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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