54.55% to Target, Nomura Reiterates ‘Buy’ Rating on Home Retail Group (LON:HOME) Shares Today

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Home Retail Group (LON:HOME) Rating Reaffirmed

Nomura now has a GBX 170.00 target on shares of Home Retail Group (LON:HOME). The target would suggest a potential upside of 54.55% from the closing share price of Home Retail Group (LON:HOME). This rating was disclosed to clients in a recent report on 7 December.

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 32.15% above today’s (GBX 110) 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 2.00M 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.

54.55% to Target, Nomura Reiterates ‘Buy’ Rating on Home Retail Group (LON:HOME) Shares Today

Home Retail Group plc is a United Kingdom home and general merchandise retailer. The company has a market cap of 896.60 million GBP. The Company’s divisions include Argos, Homebase and Financial Services. It has 11.05 P/E ratio. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.

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