Homeserve plc (LON:HSV) had its price target lifted by Jefferies Group from GBX 400 ($5.00) to GBX 560 ($7.00) in a research report issued to clients and investors on Wednesday. The brokerage presently has a “hold” rating on the stock. Jefferies Group’s price objective indicates a potential downside of 5.25% from the stock’s current price.

A number of other brokerages have also recently issued reports on HSV. Barclays PLC raised Homeserve plc to an “overweight” rating and increased their target price for the stock from GBX 257 ($3.21) to GBX 695 ($8.68) in a report on Thursday, October 20th. Peel Hunt increased their target price on Homeserve plc from GBX 525 ($6.56) to GBX 600 ($7.50) and gave the stock a “hold” rating in a report on Tuesday. Finally, Royal Bank Of Canada increased their target price on Homeserve plc from GBX 530 ($6.62) to GBX 680 ($8.50) and gave the stock an “outperform” rating in a report on Thursday, October 13th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Homeserve plc has an average rating of “Buy” and a consensus target price of GBX 596.14 ($7.45).

Analyst Recommendations for Homeserve plc (LON:HSV)

Shares of Homeserve plc (LON:HSV) opened at 591.00 on Wednesday. Homeserve plc has a one year low of GBX 353.68 and a one year high of GBX 633.50. The stock’s market capitalization is GBX 1.82 billion. The stock’s 50 day moving average price is GBX 603.61 and its 200 day moving average price is GBX 544.26.

The company also recently announced a dividend, which will be paid on Friday, January 6th. Stockholders of record on Thursday, December 8th will be paid a GBX 4.10 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, December 8th. This represents a dividend yield of 0.69%.

In other news, insider Johnathan Ford sold 60,000 shares of Homeserve plc stock in a transaction on Thursday, September 29th. The stock was sold at an average price of GBX 570 ($7.12), for a total value of £342,000 ($427,286.36).

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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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