HomeServe (LON:HSV) Rating Reiterated by Berenberg Bank

Last updated on Thursday, July 29, 2021 | 2021 MarketBeat

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.

About HomeServe

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.

Featured Article: How to calculate compound interest

Analyst Recommendations for HomeServe (LON:HSV)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in HomeServe right now?

Before you consider HomeServe, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HomeServe wasn't on the list.

While HomeServe currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.