Homeserve plc (LON:HSV) had its price objective boosted by research analysts at Jefferies Group from GBX 400 ($5.00) to GBX 560 ($7.00) in a note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target indicates a potential downside of 5.25% from the stock’s current price.
A number of other research analysts have also weighed in on HSV. Peel Hunt upped their price objective 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. Royal Bank Of Canada upped their price objective 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. Finally, Barclays PLC raised Homeserve plc to an “overweight” rating and upped their price objective for the stock from GBX 257 ($3.21) to GBX 695 ($8.68) in a report on Thursday, October 20th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Homeserve plc presently has a consensus rating of “Buy” and a consensus price target of GBX 600.57 ($7.50).
Homeserve plc (LON:HSV) opened at 593.00 on Wednesday. Homeserve plc has a 12-month low of GBX 353.68 and a 12-month high of GBX 633.50. The stock’s market cap is GBX 1.82 billion. The stock’s 50 day moving average price is GBX 602.35 and its 200 day moving average price is GBX 545.71.
The company also recently announced a dividend, which will be paid on Friday, January 6th. Shareholders of record on Thursday, December 8th will be issued a GBX 4.10 ($0.05) dividend. This represents a yield of 0.69%. The ex-dividend date of this dividend is Thursday, December 8th.
In other news, insider Mark C. Morris bought 11,647 shares of the stock in a transaction on Wednesday, November 23rd. The shares were bought at an average price of GBX 599 ($7.48) per share, with a total value of £69,765.53 ($87,163.33). Also, insider Chris Havemann bought 8,178 shares of the stock in a transaction on Thursday, November 24th. The stock was purchased at an average cost of GBX 583 ($7.28) per share, for a total transaction of £47,677.74 ($59,567.39).