Homeserve (LON:HSV) was upgraded by stock analysts at JPMorgan Chase & Co. to an “overweight” rating in a research note issued on Tuesday.

A number of other analysts have also recently commented on the company. Liberum Capital boosted their price target on Homeserve from GBX 900 ($12.03) to GBX 950 ($12.70) and gave the stock a “buy” rating in a research report on Friday, November 10th. Jefferies Group boosted their price target on Homeserve from GBX 630 ($8.42) to GBX 680 ($9.09) and gave the stock an “underperform” rating in a research report on Thursday, November 30th. Peel Hunt boosted their price target on Homeserve from GBX 750 ($10.03) to GBX 850 ($11.37) and gave the stock an “add” rating in a research report on Friday, October 20th. Finally, Citigroup boosted their price target on Homeserve from GBX 795 ($10.63) to GBX 900 ($12.03) and gave the stock a “neutral” rating in a research report on Friday, October 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 811 ($10.84).

Shares of Homeserve (LON HSV) opened at GBX 809.35 ($10.82) on Tuesday. The firm has a market capitalization of $2,670.00 and a P/E ratio of 3,518.91. Homeserve has a 12-month low of GBX 504.50 ($6.75) and a 12-month high of GBX 872 ($11.66).

In related news, insider Edward Fitzmaurice bought 781,000 shares of the firm’s stock in a transaction on Thursday, October 19th. The stock was acquired at an average cost of GBX 820 ($10.96) per share, for a total transaction of £6,404,200 ($8,562,909.48). Also, insider Mark C. Morris sold 6,235 shares of the business’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of GBX 847 ($11.33), for a total transaction of £52,810.45 ($70,611.65). Insiders purchased a total of 787,273 shares of company stock worth $645,507,391 over the last ninety days.

ILLEGAL ACTIVITY WARNING: “JPMorgan Chase & Co. Upgrades Homeserve (HSV) to “Overweight”” was published by American Banking News and is owned by of American Banking News. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/02/jpmorgan-chase-co-upgrades-homeserve-hsv-to-overweight.html.

Homeserve 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.

Analyst Recommendations for Homeserve (LON:HSV)

Receive News & Ratings for Homeserve Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Homeserve and related companies with MarketBeat.com's FREE daily email newsletter.