JPMorgan Chase & Co. Increases Homeserve plc Price Target to GBX 323 (HSV)
JPMorgan Chase & Co. hoisted their price objective on shares of Homeserve plc (LON:HSV) from GBX 295 ($4.96) to GBX 323 ($5.43) in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential downside of 5.00% from the stock’s previous close.
Shares of Homeserve plc (LON:HSV) traded down 0.09% during mid-day trading on Wednesday, hitting GBX 340.00. The stock had a trading volume of 678,189 shares. Homeserve plc has a 52-week low of GBX 222.70 and a 52-week high of GBX 352.20. The stock has a 50-day moving average of GBX 330.9 and a 200-day moving average of GBX 300.. The company’s market cap is £1.105 billion.
The company also recently declared a dividend, which is scheduled for Friday, August 1st. Investors of record on Wednesday, July 2nd will be given a dividend of GBX 7.67 ($0.13) per share. This represents a yield of 2.26%. The ex-dividend date of this dividend is Wednesday, July 2nd.
A number of other firms have also recently commented on HSV. Analysts at RBC Capital reiterated an “outperform” rating on shares of Homeserve plc in a research note on Tuesday. They now have a GBX 340 ($5.72) price target on the stock. Analysts at Liberum Capital upgraded shares of Homeserve plc to a “buy” rating in a research note on Monday, February 24th. They now have a GBX 330 ($5.55) price target on the stock. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 287.40 ($4.83).
Homeserve plc is a United Kingdom-based company engaged in the provision of home emergency repairs. The Company operates in five segments: UK, USA, Domeo, Spain, and New Markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.