Home Retail Group Plc Receives “Underperform” Rating from BNP Paribas (HOME)
Home Retail Group Plc (LON:HOME)‘s stock had its “underperform” rating reaffirmed by investment analysts at BNP Paribas in a note issued to investors on Tuesday. They currently have a GBX 180 ($3.02) price objective on the stock. BNP Paribas’ target price points to a potential downside of 0.55% from the stock’s previous close.
A number of other firms have also recently commented on HOME. Analysts at Barclays reiterated an “equal weight” rating on shares of Home Retail Group Plc in a research note on Monday. They now have a GBX 195 ($3.27) 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 Thursday, August 7th. They now have a GBX 190 ($3.19) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe cut their price target on shares of Home Retail Group Plc from GBX 215 ($3.61) to GBX 185 ($3.10) in a research note on Monday, July 28th. They now have a “hold” rating on the stock. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. Home Retail Group Plc has a consensus rating of “Hold” and an average price target of GBX 198.88 ($3.34).
Shares of Home Retail Group Plc (LON:HOME) opened at 182.20 on Tuesday. Home Retail Group Plc has a 52 week low of GBX 140.80 and a 52 week high of GBX 225.20. The stock’s 50-day moving average is GBX 173.4 and its 200-day moving average is GBX 191.9. The company’s market cap is £1.419 billion.
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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