Home Retail Group PLC (LON:HOME) Rating Reaffirmed
Home Retail Group PLC (LON:HOME) just had their share rating of a ‘”Buy”‘ issued by research analysts at Nomura, who now has a GBX 170.00 TP on the 888.29 million GBP market cap company or a 8.63% upside potential. This key information was revealed to clients and investors in recent note on Monday morning.
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 33.39% above today’s (GBX 108.98) stock price. Home Retail Group PLC was the topic of 62 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 4 with “Market Perform” rating. RBC Capital Markets maintained shares with “Outperform” rating and GBX 150 target share price in a report from a November 23. Investec 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, Haitong Securities maintained the stock with “Sell” rating in a report issued on a November 24.
Approximately 184,345 shares of stock traded hands. Home Retail Group Plc (LON:HOME) has declined 35.28% since May 8, 2015 and is downtrending. It has underperformed by 34.20% the S&P500.
Home Retail Group plc is a United Kingdom home and general merchandise retailer. The company has a market cap of 888.29 million GBP. The Company’s divisions include Argos, Homebase and Financial Services. It has 10.95 P/E ratio. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.