Harvey Norman (HVN) Shares Recommendation

Deutsche Bank have rated the Harvey Norman (HVN) stock with a hold recommendation dropping their share price target to $3.75 from $4.00. Continuing downside risks to the retail business are rising world oil prices and higher interest rates.

Harvey Norman Limited is listed on the Australian Stock Exchange (ASX) under stock code HVN. You can view their investor website here. The company is involved in franchising, provision of advisory and advertising services to Harvey Norman franchisees, sale of homewares and electrical goods, provision of consumer finance, property investment and leasing of premises to Harvey Norman franchisees and other third parties. Check your charts!