Homeserve plc (HSV) Given Average Recommendation of “Hold” by Brokerages
Shares of Homeserve plc (LON:HSV) have been given a consensus recommendation of “Hold” by the six ratings firms that are presently covering the stock. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 491.67 ($6.08).
A number of brokerages recently issued reports on HSV. Peel Hunt upped their price target on Homeserve plc from GBX 400 ($4.95) to GBX 525 ($6.50) and gave the company a “hold” rating in a report on Friday, July 15th. Citigroup Inc. increased their price objective on Homeserve plc from GBX 480 ($5.94) to GBX 550 ($6.81) and gave the company a “buy” rating in a report on Wednesday, July 6th. Finally, JPMorgan Chase & Co. increased their price objective on Homeserve plc from GBX 426 ($5.27) to GBX 538 ($6.66) and gave the company a “neutral” rating in a report on Wednesday, July 6th.
In other news, insider Johnathan Ford sold 60,000 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The stock was sold at an average price of GBX 570 ($7.05), for a total transaction of £342,000 ($423,267.33).
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Homeserve plc (LON:HSV) traded up 0.51% during midday trading on Tuesday, reaching GBX 594.50. 186,011 shares of the company were exchanged. Homeserve plc has a 52-week low of GBX 353.68 and a 52-week high of GBX 622.00. The company’s market capitalization is GBX 1.83 billion. The company has a 50 day moving average of GBX 575.62 and a 200-day moving average of GBX 505.81.
Homeserve plc Company Profile
HomeServe plc is a United Kingdom-based company, which is engaged in providing home emergency, repair and heating installation services. The Company’s segments include UK, USA, France, Spain and New Markets. The Company designs a range of water, heating and electrical related home assistance products.
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