HomeServe - HSV Share Forecast, Price & News

HomeServe plc, together with its subsidiaries, provides home repair and improvement services to homeowners under the HomeServe brand. It offers home assistance via subscription-based membership services for plumbing, heating, ventilation, and air conditioning; and electrical, glazing, pest control, and locksmith service. The company 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. It serves approximately 8.4 million customers through a network of engineers and sub-contractors primarily in the United Kingdom, the United States, Canada, France, Belgium, Spain, Portugal, and Japan. HomeServe plc was incorporated in 1991 and is based in Walsall, the United Kingdom.

HomeServe Stock Performance

HomeServe stock opened at GBX 1,181 ($14.27) on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.30 and a debt-to-equity ratio of 129.16. The firm has a 50-day moving average price of GBX 1,172.21 and a two-hundred day moving average price of GBX 974.70. The firm has a market capitalization of £3.98 billion and a price-to-earnings ratio of 3,028.21. HomeServe has a 52-week low of GBX 578.33 ($6.99) and a 52-week high of GBX 1,186 ($14.33).

Analysts Set New Price Targets

A number of brokerages recently weighed in on HSV. Royal Bank of Canada downgraded shares of HomeServe to a "sector perform" rating and lowered their price objective for the company from GBX 1,300 ($15.71) to GBX 1,200 ($14.50) in a research report on Thursday, May 12th. Berenberg Bank lowered their price objective on shares of HomeServe from GBX 1,260 ($15.22) to GBX 1,205 ($14.56) and set a "buy" rating for the company in a research report on Monday, May 16th. Finally, Peel Hunt reaffirmed a "hold" rating and set a GBX 1,200 ($14.50) price objective on shares of HomeServe in a research report on Tuesday, May 24th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,217.86 ($14.72).

Insider Buying and Selling at HomeServe

In other HomeServe news, insider Tom Rusin sold 11,815 shares of the business's stock in a transaction dated Monday, June 27th. The shares were sold at an average price of GBX 1,169 ($14.13), for a total transaction of £138,117.35 ($166,889.02). Insiders bought 38 shares of company stock valued at $44,348 in the last ninety days.