Home Retail Group (LON:HOME) Rating Reaffirmed
Recently, In a recent report revealed to clients on 4 December, Home Retail Group (LON:HOME) shares have had their Market Perform Rating kept steady by equity research analysts at Bernstein, who currently has a GBX 110 price target on company. This target by Bernstein would indicate the possibile upside of 2.71% from the price per share.
From a total of 17 analysts covering Home Retail Group PLC (LON:HOME) stock, 8 rate it a ”Buy”, 4 a “Sell”, and 6 a ”Hold”. This means that 44% of the ratings are positive. The highest target price is GBX 195 while the lowest target price is GBX 95. The mean of all analyst targets is GBX 137.35 with a 34.73% above today’s (GBX 107.9) stock price. Home Retail Group PLC was the topic of 61 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 3 with “Underperform” rating. Bernstein maintained shares with “Market Perform” rating and GBX 110 target share price in a report from a November 6. Cantor Fitzgerald maintained HOME stock in a recent report from December 1 with “Buy” rating. Barclays Capital maintained the rating on October 26. Barclays Capital has a “Underweight” rating and a GBX 100 price target on shares. Finally, RBC Capital Markets maintained the stock with “Outperform” rating in a report issued on a November 23.
Approximately 807,108 shares of stock traded hands. Home Retail Group Plc (LON:HOME) has declined 32.92% since May 7, 2015 and is downtrending. It has underperformed by 30.13% the S&P500.
Home Retail Group plc is a United Kingdom home and general merchandise retailer. The company has a market cap of 877.71 million GBP. The Company’s divisions include Argos, Homebase and Financial Services. It has 10.84 P/E ratio. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.