Homeserve plc (HSV) PT Raised to GBX 569 at JPMorgan Chase & Co.
Homeserve plc (LON:HSV) had its price target upped by equities researchers at JPMorgan Chase & Co. from GBX 538 ($6.72) to GBX 569 ($7.11) in a research report issued on Wednesday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 3.72% from the company’s current price.
Several other analysts have also recently issued reports on the stock. Jefferies Group increased their price target on shares of Homeserve plc from GBX 400 ($5.00) to GBX 560 ($7.00) and gave the stock a “hold” rating in a research report on Wednesday. Peel Hunt increased their price target on shares of Homeserve plc from GBX 525 ($6.56) to GBX 600 ($7.50) and gave the stock a “hold” rating in a research report on Tuesday. Barclays PLC raised shares of Homeserve plc to an “overweight” rating and increased their price target for the stock from GBX 257 ($3.21) to GBX 695 ($8.68) in a research report on Thursday, October 20th. Finally, Royal Bank Of Canada increased their price target on shares of Homeserve plc from GBX 530 ($6.62) to GBX 680 ($8.50) and gave the stock an “outperform” rating in a research 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. The company currently has an average rating of “Buy” and an average target price of GBX 600.57 ($7.50).
Shares of Homeserve plc (LON:HSV) opened at 596.00 on Wednesday. The company has a 50-day moving average of GBX 602.35 and a 200-day moving average of GBX 545.71. The firm’s market capitalization is GBX 1.83 billion. Homeserve plc has a 1-year low of GBX 353.68 and a 1-year high of GBX 633.50.
The company also recently announced a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 8th will be paid a dividend of GBX 4.10 ($0.05) per share. The ex-dividend date is Thursday, December 8th. This represents a dividend yield of 0.69%.
In related news, insider Chris Havemann purchased 8,178 shares of the company’s stock in a transaction on Thursday, November 24th. The shares were bought at an average cost of GBX 583 ($7.28) per share, for a total transaction of £47,677.74 ($59,567.39). Also, insider Johnathan Ford sold 60,000 shares of the stock in a transaction that occurred on Thursday, September 29th. The shares were sold at an average price of GBX 570 ($7.12), for a total transaction of £342,000 ($427,286.36).
About Homeserve plc
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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