Homeserve plc (HSV) Receives Average Recommendation of “Hold” from Brokerages
Homeserve plc (LON:HSV) has been given an average recommendation of “Hold” by the eight brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 737.88 ($9.53).
HSV has been the topic of a number of recent analyst reports. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 569 ($7.35) price objective on shares of Homeserve plc in a report on Tuesday, July 4th. Liberum Capital reiterated a “buy” rating and issued a GBX 980 ($12.66) price objective on shares of Homeserve plc in a report on Tuesday, August 1st. Barclays PLC boosted their price objective on shares of Homeserve plc from GBX 695 ($8.98) to GBX 828 ($10.69) and gave the stock an “overweight” rating in a report on Friday, June 2nd. Peel Hunt boosted their price objective on shares of Homeserve plc from GBX 650 ($8.39) to GBX 750 ($9.69) and gave the stock an “add” rating in a report on Tuesday, May 23rd. Finally, Citigroup Inc. lowered shares of Homeserve plc from a “buy” rating to a “neutral” rating and set a GBX 795 ($10.27) price objective on the stock. in a report on Wednesday, May 24th.
Homeserve plc (LON HSV) traded up 0.82% during trading on Friday, reaching GBX 801.00. The company had a trading volume of 457,234 shares. The company’s market capitalization is GBX 2.49 billion. Homeserve plc has a 52-week low of GBX 504.50 and a 52-week high of GBX 804.00. The stock has a 50 day moving average price of GBX 738.04 and a 200-day moving average price of GBX 689.45.
In other news, insider Johnathan Ford sold 260,190 shares of the business’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of GBX 747 ($9.65), for a total value of £1,943,619.30 ($2,510,163.12). Insiders bought a total of 61 shares of company stock valued at $45,262 in the last three months.
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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