HOMESERVE PLC ORD 2 9/13P – Consensus Indicates Potential -18.5% Downside

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HOMESERVE PLC ORD 2 9/13P found using the EPIC (LON:HSV) now have 10 analysts covering the company.The target price ranges between £11.50 and £8. with the average target price sitting at £9.87. Given that the previous closing share price was at £12.12 this now indicates there is a potential downside of -18.5%. The 50 day MA is £10.00 while the 200 day moving average is £10.97. The market capitalisation for the company is £4b. Company Website: http://www.homeserveplc.com

HomeServe plc, together with its subsidiaries, provides home repair and improvement services to homeowners under the HomeServe brand. The company offers home assistance via subscription-based membership services for plumbing, heating, electrical, locks, glazing, pest control, and technology. It also operates an online marketplace to help homeowners to find local trade on-demand, as well as to help with a range of home repairs and improvements, including landscape gardening and carpet cleaning. HomeServe plc serves approximately 8.3 million customers through a network of engineers and sub-contractors primarily in the United Kingdom, North America, France, and Spain. The company was incorporated in 1991 and is based in Walsall, the United Kingdom.

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