J P Morgan Chase & Co reiterated their neutral rating on shares of Homeserve plc (LON:HSV) in a research note published on Monday, July 24th. J P Morgan Chase & Co currently has a GBX 650 ($8.44) price objective on the stock.
HSV has been the topic of a number of other research reports. Barclays PLC increased their price target on shares of Homeserve plc from GBX 695 ($9.02) to GBX 828 ($10.75) and gave the stock an overweight rating in a report on Friday, June 2nd. Liberum Capital reaffirmed a buy rating and issued a GBX 660 ($8.57) price objective on shares of Homeserve plc in a research note on Thursday, April 6th. Peel Hunt reaffirmed an add rating and issued a GBX 750 ($9.74) price objective on shares of Homeserve plc in a research note on Friday, July 21st. Citigroup Inc. cut shares of Homeserve plc from a buy rating to a neutral rating and set a GBX 795 ($10.32) price objective for the company. in a research note on Wednesday, May 24th. Finally, Jefferies Group LLC upped their price objective on shares of Homeserve plc from GBX 460 ($5.97) to GBX 500 ($6.49) and gave the company an underperform rating in a research note on Wednesday, May 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 742.88 ($9.64).
Shares of Homeserve plc (HSV) traded down 1.72% on Monday, reaching GBX 714.50. 105,196 shares of the company were exchanged. Homeserve plc has a 12-month low of GBX 504.50 and a 12-month high of GBX 803.00. The firm has a 50 day moving average price of GBX 722.86 and a 200-day moving average price of GBX 667.80. The stock’s market capitalization is GBX 2.22 billion.
The company also recently declared a dividend, which was paid on Thursday, August 3rd. Shareholders of record on Thursday, July 6th were given a dividend of GBX 11.20 ($0.15) per share. The ex-dividend date of this dividend was Thursday, July 6th. This represents a yield of 1.44%. This is a boost from Homeserve plc’s previous dividend of $4.10.
In other Homeserve plc news, insider Johnathan Ford sold 260,190 shares of the stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of GBX 747 ($9.70), for a total transaction of £1,943,619.30 ($2,523,197.84). Insiders have acquired a total of 61 shares of company stock valued at $44,821 in the last three months.
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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