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Barclays Sticks to Their Hold Rating for Hemnet Group AB (8QV)

Barclays analyst Andrew Ross maintained a Hold rating on Hemnet Group AB (8QVResearch Report) on October 4 and set a price target of SEK400.00. The company’s shares closed last Friday at €33.54.

According to TipRanks, Ross is a 4-star analyst with an average return of 4.7% and a 52.52% success rate.

The word on The Street in general, suggests a Hold analyst consensus rating for Hemnet Group AB with a €36.91 average price target.

8QV market cap is currently €3.11B and has a P/E ratio of 89.46.

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Hemnet Group AB (8QV) Company Description:

Hemnet Group AB operates a real estate platform in Sweden. By offering a unique combination of relevant products, insights, and inspiration, Hemnet has built lasting relationships with buyers, sellers, and agents for more than twenty years. Hemnet generates revenue through the sale of housing ads on their platform and value-added services purchased by sellers, realtors, and partners.

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