Home Retail Group Plc’s Sell Rating Reaffirmed at Societe Generale (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “sell” rating reiterated by analysts at Societe Generale in a research report issued to clients and investors on Monday. They currently have a GBX 197 ($3.30) price target on the stock. Societe Generale’s price objective would indicate a potential upside of 4.56% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Home Retail Group Plc in a research note on Friday. They now have a GBX 190 ($3.19) price target on the stock. Separately, analysts at Barclays upgraded shares of Home Retail Group Plc to an “equal weight” rating in a research note on Wednesday, May 14th. They now have a GBX 190 ($3.19) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Home Retail Group Plc in a research note on Wednesday, April 30th. They now have a GBX 215 ($3.60) price target on the stock. Six research analysts have rated the stock with a sell rating, eight have assigned 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 190.56 ($3.19).
Home Retail Group Plc (LON:HOME) opened at 192.70 on Monday. Home Retail Group Plc has a 52-week low of GBX 126.00 and a 52-week high of GBX 225.20. The stock has a 50-day moving average of GBX 201.0 and a 200-day moving average of GBX 197.5. The company’s market cap is £1.522 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, July 23rd. Shareholders of record on Wednesday, May 21st will be paid a dividend of GBX 2.30 ($0.04) per share. This represents a dividend yield of 1.12%. The ex-dividend date is Wednesday, May 21st.
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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