Home Retail Group Plc Given Market Perform Rating at Sanford C. Bernstein (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “market perform” rating restated by research analysts at Sanford C. Bernstein in a report released on Tuesday. They currently have a GBX 190 ($3.19) price objective on the stock. Sanford C. Bernstein’s price target would suggest a potential downside of 3.31% from the company’s current price.
A number of other firms have also recently commented on HOME. Analysts at HSBC reiterated an “overweight” rating on shares of Home Retail Group Plc in a research note on Monday. They now have a GBX 250 ($4.20) price target on the stock. Separately, 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. 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 research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 190.56 ($3.20).
Shares of Home Retail Group Plc (LON:HOME) opened at 197.60 on Tuesday. 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 197.7 and its 200-day moving average is GBX 197.. The company’s market cap is £1.539 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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