HomeServe (LON:HSV)'s stock had its "buy" rating reaffirmed by Berenberg Bank in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 1,260 ($16.46) price target on the stock. Berenberg Bank's price objective would indicate a potential upside of 33.55% from the stock's current price.
A number of other research analysts have also issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of HomeServe from GBX 1,215 ($15.87) to GBX 1,177 ($15.38) and set an "overweight" rating for the company in a report on Monday, July 19th. Peel Hunt reissued a "buy" rating and set a GBX 1,450 ($18.94) target price on shares of HomeServe in a research report on Tuesday, May 18th. Peel Hunt reissued a "buy" rating and set a GBX 1,450 ($18.94) target price on shares of HomeServe in a research report on Tuesday, May 18th. Credit Suisse Group reissued an "outperform" rating and set a GBX 1,100 ($14.37) target price on shares of HomeServe in a research report on Monday, June 7th. Finally, Numis Securities reissued an "add" rating and set a GBX 1,450 ($18.94) target price on shares of HomeServe in a research report on Tuesday, May 18th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. The stock has an average rating of "Buy" and an average price target of GBX 1,335.88 ($17.45).
Shares of HSV stock traded up GBX 5 ($0.07) on Wednesday, reaching GBX 943.50 ($12.33). The company had a trading volume of 771,185 shares, compared to its average volume of 767,372. The firm has a market capitalization of £3.17 billion and a PE ratio of 102.55. The company has a debt-to-equity ratio of 119.42, a current ratio of 1.28 and a quick ratio of 1.23. HomeServe has a one year low of GBX 909 ($11.88) and a one year high of GBX 1,371 ($17.91). The firm has a 50-day simple moving average of GBX 954.35.
In other HomeServe news, insider Tom Rusin sold 16,307 shares of HomeServe stock in a transaction dated Monday, July 26th. The stock was sold at an average price of GBX 957 ($12.50), for a total transaction of £156,057.99 ($203,890.76). Also, insider Tommy Breen acquired 50,000 shares of the business's stock in a transaction dated Wednesday, May 19th. The shares were acquired at an average cost of GBX 933 ($12.19) per share, with a total value of £466,500 ($609,485.24). Over the last 90 days, insiders have acquired 50,048 shares of company stock worth $46,695,328.
HomeServe plc, together with its subsidiaries, provides home repair and improvement services to homeowners under the HomeServe brand. The company offers home assistance via subscription-based membership services for plumbing, heating, electrical, locks, glazing, pest control, and technology. It also operates an online marketplace to help homeowners to find local trade on-demand, as well as to help with a range of home repairs and improvements, including landscape gardening and carpet cleaning.
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