Liberum Capital Reaffirms Buy Rating for HomeServe plc (HSV)
HomeServe plc (LON:HSV)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued on Tuesday. They presently have a GBX 900 ($11.84) price target on the stock. Liberum Capital’s target price would suggest a potential upside of 10.57% from the stock’s previous close.
A number of other analysts also recently issued reports on the company. Jefferies Group LLC lifted their price target on HomeServe plc from GBX 500 ($6.58) to GBX 630 ($8.29) and gave the stock an “underperform” rating in a report on Friday, October 20th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 650 ($8.55) price target on shares of HomeServe plc in a report on Monday, July 24th. Peel Hunt lifted their price target on HomeServe plc from GBX 750 ($9.86) to GBX 850 ($11.18) and gave the stock an “add” rating in a report on Friday, October 20th. Finally, Citigroup Inc. lifted their price target on HomeServe plc from GBX 795 ($10.46) to GBX 900 ($11.84) and gave the stock a “neutral” rating in a report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 804.75 ($10.58).
HomeServe plc (LON HSV) traded down GBX 10 ($0.13) during trading hours on Tuesday, reaching GBX 814 ($10.71). The company had a trading volume of 384,966 shares, compared to its average volume of 414,239. HomeServe plc has a 52-week low of GBX 504.50 ($6.64) and a 52-week high of GBX 872 ($11.47).
In other news, insider Mark C. Morris sold 6,235 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of GBX 847 ($11.14), for a total value of £52,810.45 ($69,460.02). Also, insider Edward Fitzmaurice bought 781,000 shares of HomeServe plc stock in a transaction dated Thursday, October 19th. The stock was purchased at an average cost of GBX 820 ($10.79) per share, with a total value of £6,404,200 ($8,423,253.98). Insiders have acquired a total of 781,036 shares of company stock valued at $640,449,196 over the last ninety days.
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.
Receive News & Ratings for HomeServe plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeServe plc and related companies with MarketBeat.com's FREE daily email newsletter.