Home Retail Group PLC (LON:HOME) Rating Reaffirmed
Recently, In a very recent research note sent to investors and clients on 14 December, Home Retail Group PLC (LON:HOME) shares have had their Hold Rating has decided to restate by equity analysts at Deutsche Bank, who currently has a GBX 120.00 target on company. This target by Deutsche Bank gives the possibile downside of -23.32% from the current stock price.
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 40.30% above today’s (GBX 102.3) stock price. Home Retail Group PLC was the topic of 65 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 14 with “Hold” rating. Investec maintained shares with “Buy” rating and GBX 155 target share price in a report from a December 1. Nomura maintained HOME stock in a recent report from December 7 with “Buy” 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 320,090 shares of stock traded hands. Home Retail Group Plc (LON:HOME) has declined 40.03% since May 15, 2015 and is downtrending. It has underperformed by 35.62% the S&P500.
Home Retail Group plc is a United Kingdom home and general merchandise retailer. The company has a market cap of 832.15 million GBP. The Company’s divisions include Argos, Homebase and Financial Services. It has 10.28 P/E ratio. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.