HomeServe plc (LON:HSV) had its target price hoisted by analysts at J P Morgan Chase & Co from GBX 850 ($11.18) to GBX 890 ($11.71) in a research note issued on Wednesday. The firm currently has a “neutral” rating on the stock. J P Morgan Chase & Co’s price objective would suggest a potential upside of 8.54% from the stock’s current price.
HSV has been the topic of a number of other reports. Liberum Capital reissued a “buy” rating and issued a GBX 840 ($11.05) target price on shares of HomeServe plc in a research note on Tuesday, September 12th. Citigroup Inc. raised their price target on shares of 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. Peel Hunt raised their price target on shares of 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, Jefferies Group LLC raised their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 804.75 ($10.58).
HomeServe plc (LON HSV) opened at GBX 820 ($10.79) on Wednesday. HomeServe plc has a 12 month low of GBX 504.50 ($6.64) and a 12 month high of GBX 872 ($11.47).
In related news, insider Edward Fitzmaurice bought 781,000 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The stock was purchased at an average price of GBX 820 ($10.79) per share, for a total transaction of £6,404,200 ($8,423,253.98). Also, insider Mark C. Morris sold 6,235 shares of HomeServe plc stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of GBX 847 ($11.14), for a total transaction of £52,810.45 ($69,460.02). Insiders purchased a total of 781,036 shares of company stock valued at $640,449,196 in the last quarter.
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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