Home Retail Group Plc Rating Reiterated by HSBC (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “overweight” rating reiterated by equities research analysts at HSBC in a research note issued to investors on Monday. They currently have a GBX 250 ($4.20) target price on the stock. HSBC’s price objective points to a potential upside of 28.40% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “sell” rating on shares of Home Retail Group Plc in a research note on Monday, June 2nd. They now have a GBX 197 ($3.31) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Home Retail Group Plc in a research note on Friday, May 30th. They now have a GBX 190 ($3.19) price target on the stock. Finally, 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. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. Home Retail Group Plc presently has a consensus rating of “Hold” and an average target price of GBX 190.56 ($3.20).
Home Retail Group Plc (LON:HOME) opened at 197.30 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 198.3 and a 200-day moving average of GBX 197.. The company’s market cap is £1.537 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, July 23rd. Investors 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.
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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