Investec Reaffirms Home Retail Group (LON:HOME) As a “Buy”; They Now Have a Target Of GBX 155

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Home Retail Group (LON:HOME) Rating Reaffirmed

Investec now has a GBX 155 PT on shares of Home Retail Group (LON:HOME). The PT could mean a potential upside of 53.01% from the stock close price of Home Retail Group (LON:HOME). This rating was shown in a very recent research note on 15 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 135.88 with a 42.62% above today’s (GBX 100.64) stock price. Home Retail Group PLC was the topic of 66 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 14 with “Market Perform” rating. Investec maintained shares with “Buy” rating and GBX 155 target share price in a report from a December 1. RBC Capital Markets maintained HOME stock in a recent report from December 7 with “Outperform” rating. Cantor Fitzgerald maintained the rating on December 1. Cantor Fitzgerald has a “Buy” rating and a GBX 195 price target on shares. Finally, BNP Paribas maintained the stock with “Underperform” rating in a report issued on a December 3.

Approximately 755,253 shares of stock traded hands. Home Retail Group Plc (LON:HOME) has declined 40.27% since May 18, 2015 and is downtrending. It has underperformed by 36.59% the S&P500.

Investec Reaffirms Home Retail Group (LON:HOME) As a

Home Retail Group plc is a United Kingdom home and general merchandise retailer. The company has a market cap of 818.65 million GBP. The Company’s divisions include Argos, Homebase and Financial Services. It has 10.11 P/E ratio. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.

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