J P Morgan Chase & Co upgraded shares of Homeserve (LON:HSV) to an overweight rating in a research note issued to investors on Tuesday.

Several other research analysts have also issued reports on the stock. Liberum Capital raised their price target on shares of Homeserve from GBX 900 ($12.11) to GBX 950 ($12.79) and gave the stock a buy rating in a report on Friday, November 10th. Jefferies Group raised their price target on shares of Homeserve from GBX 630 ($8.48) to GBX 680 ($9.15) and gave the stock an underperform rating in a report on Thursday, November 30th. Peel Hunt raised their price target on shares of Homeserve from GBX 750 ($10.09) to GBX 850 ($11.44) and gave the stock an add rating in a report on Friday, October 20th. Finally, Citigroup raised their price target on shares of Homeserve from GBX 795 ($10.70) to GBX 900 ($12.11) and gave the stock a neutral rating in a report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 811 ($10.92).

Shares of Homeserve (HSV) opened at GBX 761.12 ($10.24) on Tuesday. Homeserve has a 1 year low of GBX 504.50 ($6.79) and a 1 year high of GBX 872 ($11.74).

The company also recently declared a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 7th will be issued a dividend of GBX 4.70 ($0.06) per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a yield of 0.58%.

In related news, insider Edward Fitzmaurice acquired 781,000 shares of the stock in a transaction dated Thursday, October 19th. The stock was bought at an average price of GBX 820 ($11.04) per share, for a total transaction of £6,404,200 ($8,619,380.89). Also, insider Mark C. Morris acquired 6,235 shares of the stock in a transaction dated Tuesday, November 28th. The stock was bought at an average price of GBX 811 ($10.92) per share, with a total value of £50,565.85 ($68,056.33). In the last 90 days, insiders have acquired 787,271 shares of company stock valued at $645,505,781.

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Homeserve Company Profile

HomeServe plc is a United Kingdom-based company, which is engaged in providing home emergency, repair and heating installation services. The Company’s segments include UK, USA, France, Spain and New Markets. The Company designs a range of water, heating and electrical related home assistance products.

Analyst Recommendations for Homeserve (LON:HSV)

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