A statement released earlier today by JP Morgan Cazenove about Homeserve PLC (LON:HSV) bumps the target price to 569.00GBX
- Updated: November 26, 2016
JP Morgan Cazenove raised the target price of Homeserve PLC (LON:HSV) to 569.00GBX reporting a possible downside of -0.05%.
Previously on Tuesday November 22, 2016, Peel Hunt reported on Homeserve PLC (LON:HSV) increased the target price from 525.00GBX to 600.00GBX. At the time, this indicated a possible downside of 0.00%.
Just yesterday Homeserve PLC (LON:HSV) traded 2.03% higher at 600.25GBX. Homeserve PLC’s 50-day moving average is 602.30GBX and its 200-day moving average is 546.10GBX. The last closing price is up 10.42% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 283,370 shares of HSV traded hands, up from an average trading volume of 267,268
Recent Performance Chart
Homeserve PLC has 52 week low of 353.68GBX and a 52 week high of 633.50GBX with a PE ratio of 31.24 and has a market capitalization of 0 GBX.
Also covering Homeserve PLC's price target, a total of 7 brokerages have released a ratings update on HSV. The one year target is 437.85GBX with two brokers rating the stock a strong buy, 1 broker rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For Homeserve PLC (LON:HSV)
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. The Company also offers connected home solutions. It has long-term contractual relationships with utility businesses providing access to approximately 92 million households under affinity partner brands. New Markets segment includes the Company's investment in digital innovation and expansion into various markets. The Company's product range from plumbing and drainage cover to electrics, gas and oil central heating, external water supply pipe, internal gas supply pipe, appliance repairs, pest infestations, locksmith service and glazing repairs. The Company has operations in the United Kingdom, the United States and continental Europe.
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