UBS Group Downgrades Homeserve (HSV) to Neutral

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UBS Group downgraded shares of Homeserve (LON:HSV) to a neutral rating in a research note published on Monday, investing.thisismoney.co.uk reports. UBS Group currently has GBX 1,050 ($13.54) price target on the stock, up from their previous price target of GBX 1,000 ($12.90).

HSV has been the topic of a number of other research reports. Jefferies Financial Group reiterated an underperform rating on shares of Homeserve in a research report on Monday, August 6th. Liberum Capital increased their price objective on Homeserve from GBX 950 ($12.25) to GBX 1,120 ($14.45) and gave the stock a buy rating in a research report on Thursday, August 30th. Peel Hunt restated a hold rating on shares of Homeserve in a research report on Tuesday, May 22nd. JPMorgan Chase & Co. raised their price target on Homeserve from GBX 890 ($11.48) to GBX 950 ($12.25) and gave the company an overweight rating in a research report on Wednesday, May 23rd. Finally, Royal Bank of Canada restated a sector perform rating and set a GBX 800 ($10.32) price target on shares of Homeserve in a research report on Tuesday, May 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 907.14 ($11.70).

Shares of HSV stock opened at GBX 1,012 ($13.05) on Monday. Homeserve has a 52-week low of GBX 521.93 ($6.73) and a 52-week high of GBX 872 ($11.25).

In other Homeserve news, insider David Bower sold 18,975 shares of the firm’s stock in a transaction dated Monday, July 2nd. The stock was sold at an average price of GBX 892 ($11.51), for a total transaction of £169,257 ($218,339.78). Also, insider Tom Rusin sold 109,886 shares of the firm’s stock in a transaction dated Wednesday, June 27th. The shares were sold at an average price of GBX 900 ($11.61), for a total value of £988,974 ($1,275,766.25). Insiders have sold 208,656 shares of company stock worth $188,732,835 in the last 90 days.

Homeserve Company Profile

HomeServe plc, together with its subsidiaries, provides home repair and improvement services to household customers under the HomeServe brand. It offers plumbing, drainage, electrics, water supply pipe, gas supply pipe, appliance repair, pest infestation, and locksmith services, as well as heating, ventilation, and air conditioning services.

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Analyst Recommendations for Homeserve (LON:HSV)

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