Home Retail Group (LON:HOME) Rating Reaffirmed
In analysts note made public on Monday morning, The “Market Perform” rating of Home Retail Group (LON:HOME) shares was kept steady by Bernstein, who now has a GBX 110 target price on the stock. Bernstein’s target price would indicate a possible upside of 6.90% from the stock price of the company.
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 39.89% above today’s (GBX 102.6) 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 466,060 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 834.59 million GBP. The Company’s divisions include Argos, Homebase and Financial Services. It has 10.31 P/E ratio. Argos is a digital retailer, which sells products through its 755 stores, Website and mobile applications.