HomeServe plc (LON: HSV) Based on average analyst ‘buy’ recommendation
HomeServe plc (LON: HSV) has received a consensus rating of “Buy” by the eight analysts who cover the company, reports MarketBeat Ratings. One investment analyst rated the stock with a conservation rating and seven issued a buy rating for the company. The one-year average price target among analysts who issued ratings on the stock in the past year is GBX 1,335.88 ($ 17.45).
A number of equity research analysts have recently commented on HSV stocks. Peel Hunt reaffirmed a “buy” note and set a GBX 1,450 ($ 18.94) price target on HomeServe shares in a research report released on Tuesday, May 18. Peel Hunt reiterated a “buy” note and issued a GBX price target of 1,450 ($ 18.94) on HomeServe shares in a research report on Tuesday, May 18. Berenberg Bank reiterated a “buy” note and issued a GBX 1,260 ($ 16.46) price target on HomeServe shares in a research report on Wednesday, July 28. Credit Suisse Group reiterated an “outperformance” rating and issued a GBX 1,100 ($ 14.37) price target on HomeServe shares in a research report on Monday, June 7. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX price target of 1,500 ($ 19.60) on HomeServe shares in a research report released on Tuesday, May 18.
In other news, insider Tommy Breen bought 50,000 shares of HomeServe in a trade on Wednesday, May 19. The share was bought at an average price of 933 GBX ($ 12.19) per share, for a total value of £ 466,500 ($ 609,485.24). Additionally, insider Tom Rusin sold 16,307 shares of the company in a trade that took place on Monday, July 26. The stock was sold for the average price of GBX 957 ($ 12.50), for a total value of £ 156,057.99 ($ 203,890.76). Insiders bought a total of 50,048 shares of the company valued at $ 46,695,328 during the last quarter.
LON HSV opened at GBX 941 ($ 12.29) on Monday. The company has a market capitalization of £ 3.16 billion and a price-to-earnings ratio of 102.39. HomeServe has a one-year minimum of GBX 909 ($ 11.88) and a one-year maximum of 1,371 GBX ($ 17.91). The 50-day simple moving average for the stock is GBX 955.10. The company has a debt to equity ratio of 119.42, a rapid ratio of 1.23 and a current ratio of 1.28.
The company also recently disclosed a dividend, which was paid on Monday, August 2. Investors registered on Thursday, July 1 received a GBX dividend of 19.80 ($ 0.26). The ex-dividend date was Thursday July 1. This is a positive change from HomeServe’s previous dividend of $ 6.20. This represents a dividend yield of 1.92%. HomeServe’s payout ratio is currently 2.61%.
HomeServe Company Profile
HomeServe plc, along with its subsidiaries, provides home repair and renovation services to homeowners under the HomeServe brand. The company offers in-home support through subscription membership services for plumbing, heating, electrical, locks, glazing, pest control and technology. He also operates an online marketplace to help homeowners find an on-demand local business, as well as for a range of home repairs and improvements, including landscaping and carpet cleaning.
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