Royal Bank Of Canada Boosts Homeserve plc (HSV) Price Target to GBX 680
Homeserve plc (LON:HSV) had its price objective raised by equities research analysts at Royal Bank Of Canada from GBX 530 ($6.56) to GBX 680 ($8.42) in a report released on Thursday. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 13.33% from the stock’s previous close.
A number of other equities analysts have also recently commented on HSV. Peel Hunt reaffirmed a “hold” rating and issued a GBX 400 ($4.95) price target on shares of Homeserve plc in a research note on Wednesday, June 29th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 538 ($6.66) target price (up from GBX 426 ($5.27)) on shares of Homeserve plc in a research note on Thursday, June 30th. Finally, Citigroup Inc. boosted their target price on Homeserve plc from GBX 480 ($5.94) to GBX 550 ($6.81) and gave the company a “buy” rating in a research note on Wednesday, July 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 516.67 ($6.39).
Homeserve plc (LON:HSV) traded up 1.01% during midday trading on Thursday, reaching GBX 600.00. The company had a trading volume of 351,375 shares. The stock’s market capitalization is GBX 1.85 billion. Homeserve plc has a 12-month low of GBX 353.68 and a 12-month high of GBX 622.00. The company has a 50-day moving average of GBX 577.51 and a 200-day moving average of GBX 508.29.
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In related news, insider Johnathan Ford sold 60,000 shares of Homeserve plc 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).
About Homeserve plc
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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