Todays Report: Today: JPMorgan Chase & Co. Raises Homeserve plc (HSV) Price Target to GBX 569

Today: JPMorgan Chase & Co. Raises Homeserve plc (HSV) Price Target to GBX 569

Homeserve plc (LON:HSV) had its target price raised by JPMorgan Chase & Co. from GBX 538 ($6.72) to GBX 569 ($7.11) in a report issued on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also commented on the stock. Jefferies Group lifted 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 note on Wednesday, November 23rd. Peel Hunt boosted their target price on shares of Homeserve plc from GBX 525 ($6.56) to GBX 600 ($7.50) and gave the company a hold rating in a research report on Tuesday, November 22nd. Barclays PLC upgraded shares of Homeserve plc to an overweight rating and boosted their target price for the company from GBX 257 ($3.21) to GBX 695 ($8.68) in a research report on Thursday, October 20th. Finally, Royal Bank Of Canada boosted their target price on shares of Homeserve plc from GBX 530 ($6.62) to GBX 680 ($8.50) and gave the company an outperform rating in a research report on Thursday, October 13th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 600.57 ($7.50).

Homeserve plc (LON:HSV) opened at 605.00 on Wednesday. The company’s market cap is GBX 1.86 billion. The stock has a 50 day moving average of GBX 602.30 and a 200-day moving average of GBX 546.10. Homeserve plc has a one year low of GBX 353.68 and a one year high of GBX 633.50.

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

In other Homeserve plc news, insider Johnathan Ford sold 60,000 shares of Homeserve plc 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). Also, insider Chris Havemann purchased 8,178 shares of the stock in a transaction on Thursday, November 24th. The shares were purchased at an average cost of GBX 583 ($7.28) per share, for a total transaction of £47,677.74 ($59,567.39).

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