Bovis Homes Group (LON:BVS) Sets New 12-Month High at $1,188.00

Shares of Bovis Homes Group plc (LON:BVS) reached a new 52-week high during trading on Friday . The company traded as high as GBX 1,188 ($15.52) and last traded at GBX 1,181 ($15.43), with a volume of 417588 shares trading hands. The stock had previously closed at GBX 1,063 ($13.89).

A number of research firms have recently commented on BVS. Berenberg Bank restated a “buy” rating and issued a GBX 1,230 ($16.07) price objective on shares of Bovis Homes Group in a research report on Thursday, August 29th. Citigroup restated a “neutral” rating on shares of Bovis Homes Group in a research report on Friday, September 13th. Liberum Capital restated a “hold” rating on shares of Bovis Homes Group in a research report on Tuesday, July 9th. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,256 ($16.41) price objective (up from GBX 1,203 ($15.72)) on shares of Bovis Homes Group in a research report on Friday, September 27th. Finally, Deutsche Bank restated a “hold” rating and issued a GBX 1,085 ($14.18) price objective on shares of Bovis Homes Group in a research report on Wednesday, September 11th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Bovis Homes Group presently has a consensus rating of “Hold” and a consensus price target of GBX 1,117.25 ($14.60).

The firm has a market capitalization of $1.60 billion and a P/E ratio of 10.86. The company has a quick ratio of 0.52, a current ratio of 3.91 and a debt-to-equity ratio of 2.08. The firm’s 50-day simple moving average is GBX 1,073.96 and its 200-day simple moving average is GBX 1,059.73.

The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, September 26th will be given a dividend of GBX 20.50 ($0.27) per share. The ex-dividend date of this dividend is Thursday, September 26th. This represents a yield of 2.01%. Bovis Homes Group’s payout ratio is presently 0.53%.

Bovis Homes Group Company Profile (LON:BVS)

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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