Berenberg Bank Initiates Coverage on Homeserve (HSV)

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Berenberg Bank assumed coverage on shares of Homeserve (LON:HSV) in a report issued on Tuesday, October 16th. The brokerage issued a buy rating and a GBX 1,150 ($15.03) target price on the stock.

HSV has been the topic of several other reports. Liberum Capital reissued a buy rating on shares of Homeserve in a research report on Tuesday, October 2nd. UBS Group lowered Homeserve to a neutral rating and upped their target price for the company from GBX 1,000 ($13.07) to GBX 1,050 ($13.72) in a research report on Monday, September 3rd. Finally, Jefferies Financial Group reaffirmed an underperform rating on shares of Homeserve in a research report on Monday, August 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Homeserve presently has a consensus rating of Hold and an average price target of GBX 942.86 ($12.32).

Homeserve stock traded up GBX 1 ($0.01) during midday trading on Tuesday, hitting GBX 965 ($12.61). 510,793 shares of the company were exchanged, compared to its average volume of 539,988. Homeserve has a fifty-two week low of GBX 521.93 ($6.82) and a fifty-two week high of GBX 872 ($11.39).

About Homeserve

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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