Homeserve plc (HSV) PT Raised to GBX 900
Homeserve plc (LON:HSV) had its target price hoisted by analysts at Liberum Capital from GBX 840 ($11.16) to GBX 900 ($11.96) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Liberum Capital’s target price would indicate a potential upside of 8.50% from the company’s current price.
Several other research firms have also recently issued reports on HSV. J P Morgan Chase & Co boosted their target price on Homeserve plc from GBX 650 ($8.64) to GBX 750 ($9.97) and gave the stock a “neutral” rating in a research report on Wednesday, September 6th. Peel Hunt reiterated an “add” rating and set a GBX 750 ($9.97) target price on shares of Homeserve plc in a research report on Friday, July 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 787.25 ($10.46).
Shares of Homeserve plc (HSV) traded up 0.91% during trading on Thursday, reaching GBX 829.50. The company’s stock had a trading volume of 1,457,327 shares. The company has a 50 day moving average price of GBX 805.24 and a 200 day moving average price of GBX 735.05. The firm’s market capitalization is GBX 2.58 billion. Homeserve plc has a 52 week low of GBX 504.50 and a 52 week high of GBX 856.50.
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In other news, insider Edward Fitzmaurice purchased 781,000 shares of the firm’s stock in a transaction dated Thursday, October 19th. The shares were acquired at an average price of GBX 820 ($10.90) per share, with a total value of £6,404,200 ($8,509,433.96). Insiders have bought a total of 781,039 shares of company stock worth $640,449,610 in the last three months.
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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