Bovis Homes Group (LON:BVS) Stock Rating Reaffirmed by UBS Group

UBS Group reaffirmed their neutral rating on shares of Bovis Homes Group (LON:BVS) in a research report sent to investors on Friday, ThisIsMoney.Co.Uk reports. UBS Group currently has a GBX 1,060 ($13.85) target price on the stock, up from their previous target price of GBX 1,020 ($13.33).

A number of other brokerages have also issued reports on BVS. Peel Hunt restated a hold rating on shares of Bovis Homes Group in a research report on Monday, September 9th. Shore Capital restated a sell rating on shares of Bovis Homes Group in a research report on Tuesday, July 9th. Liberum Capital restated a hold rating on shares of Bovis Homes Group in a research report on Tuesday, July 9th. Citigroup restated a neutral rating on shares of Bovis Homes Group in a research report on Friday. Finally, Deutsche Bank restated a hold rating and set a GBX 1,085 ($14.18) target price on shares of Bovis Homes Group in a research report on Wednesday, September 11th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 1,104.64 ($14.43).

Shares of LON BVS opened at GBX 1,109 ($14.49) on Friday. Bovis Homes Group has a 1 year low of GBX 818.60 ($10.70) and a 1 year high of GBX 1,183 ($15.46). The firm’s 50 day moving average price is GBX 1,052.74 and its 200 day moving average price is GBX 1,061.85. The firm has a market cap of $1.50 billion and a P/E ratio of 10.93. The company has a debt-to-equity ratio of 3.43, a quick ratio of 0.69 and a current ratio of 5.13.

The business also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 20.50 ($0.27) per share. This represents a yield of 2.01%. The ex-dividend date of this dividend is Thursday, September 26th. Bovis Homes Group’s dividend payout ratio is currently 0.56%.

Bovis Homes Group Company Profile

Bovis Homes Group PLC, together with its subsidiaries, operates as a builder of homes in the United Kingdom. The company offers two-bed to six-bed family homes. As of December 31, 2017, it had a consented land bank of 17,096 plots. The company was founded in 1885 and is headquartered in West Malling, the United Kingdom.

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Analyst Recommendations for Bovis Homes Group (LON:BVS)

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