Homeserve (LON:HSV)‘s stock had its “sell” rating reaffirmed by analysts at Espirito Santo Investment Bank Research in a research report issued to clients and investors on Friday, Analyst Ratings.Net reports. They currently have a GBX 185 ($2.82) target price on the stock. Espirito Santo Investment Bank Research’s target price indicates a potential downside of 32.73% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Homeserve in a research note to investors on Wednesday, July 3rd. They now have a GBX 270 ($4.12) price target on the stock. Separately, analysts at JPMorgan Cazenove downgraded shares of Homeserve from an “overweight” rating to a “neutral” rating in a research note to investors on Friday, June 28th. They now have a GBX 284 ($4.33) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Homeserve in a research note to investors on Wednesday, May 22nd. They now have a GBX 295 ($4.50) price target on the stock.
Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. Homeserve presently has a consensus rating of “Hold” and a consensus price target of GBX 244.74 ($3.74).
Homeserve (LON: HSV) opened at 277.80 on Friday. Homeserve has a 1-year low of GBX 184.90 and a 1-year high of GBX 297.70. The stock’s 50-day moving average is currently GBX 224.6. The company’s market cap is £901.5 million.
Homeserve plc is engaged in the provision of home emergency repairs. The Company operates in five segments: UK, USA, Domeo, Spain, and New Markets.