Homeserve plc (HSV) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Homeserve plc (LON:HSV) have received a consensus recommendation of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 799.71 ($10.85).

Several brokerages have recently issued reports on HSV. JPMorgan Chase & Co. upgraded shares of Homeserve to an “overweight” rating in a research note on Tuesday, January 2nd. Jefferies Group upped their target price on shares of Homeserve from GBX 630 ($8.54) to GBX 680 ($9.22) and gave the stock an “underperform” rating in a research note on Thursday, November 30th. Peel Hunt reiterated an “add” rating and issued a GBX 850 ($11.53) target price on shares of Homeserve in a research note on Tuesday, November 21st. Liberum Capital reiterated a “buy” rating and issued a GBX 900 ($12.21) target price on shares of Homeserve in a research note on Tuesday, November 21st. Finally, Citigroup upped their target price on shares of Homeserve from GBX 795 ($10.78) to GBX 900 ($12.21) and gave the stock a “neutral” rating in a research note on Friday, October 20th.

Shares of Homeserve (LON:HSV) traded up GBX 13.50 ($0.18) on Friday, reaching GBX 829.50 ($11.25). 702,998 shares of the company’s stock were exchanged, compared to its average volume of 539,400. The stock has a market capitalization of $2,730.00 and a PE ratio of 3,606.52. Homeserve has a twelve month low of GBX 504.50 ($6.84) and a twelve month high of GBX 872 ($11.83).

The business also recently disclosed a dividend, which was paid on Friday, January 5th. Investors of record on Thursday, December 7th were given a dividend of GBX 4.70 ($0.06) per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a yield of 0.58%.

In related news, insider Mark C. Morris acquired 6,235 shares of the stock in a transaction that occurred on Tuesday, November 28th. The shares were bought at an average price of GBX 811 ($11.00) per share, for a total transaction of £50,565.85 ($68,573.16). In the last 90 days, insiders have purchased 6,273 shares of company stock worth $5,087,391.

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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)

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