Bovis Homes Group (LON:BVS) Rating Reiterated by UBS Group

Bovis Homes Group (LON:BVS)‘s stock had its “neutral” rating restated by stock analysts at UBS Group in a report released on Wednesday, Stock Target Advisor reports. They currently have a GBX 1,170 ($15.29) price objective on the stock, up from their prior price objective of GBX 1,060 ($13.85). UBS Group’s target price suggests a potential downside of 4.57% from the stock’s previous close.

A number of other research analysts also recently issued reports on BVS. Jefferies Financial Group restated a “hold” rating and set a GBX 1,256 ($16.41) target price (up from GBX 1,203 ($15.72)) on shares of Bovis Homes Group in a research report on Friday, September 27th. Peel Hunt reiterated a “restricted” rating on shares of Bovis Homes Group in a research report on Monday, October 28th. Deutsche Bank reissued a “hold” rating and set a GBX 1,085 ($14.18) price target on shares of Bovis Homes Group in a research note on Wednesday, September 11th. Liberum Capital reissued a “hold” rating on shares of Bovis Homes Group in a research note on Wednesday, October 30th. Finally, Canaccord Genuity upgraded shares of Bovis Homes Group to a “buy” rating and increased their price objective for the company from GBX 1,150 ($15.03) to GBX 1,260 ($16.46) in a report on Friday, November 22nd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,156.42 ($15.11).

Shares of BVS stock opened at GBX 1,226 ($16.02) on Wednesday. The firm has a market cap of $1.82 billion and a price-to-earnings ratio of 11.22. Bovis Homes Group has a 12 month low of GBX 818.60 ($10.70) and a 12 month high of GBX 1,256 ($16.41). 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 stock has a 50-day moving average price of GBX 1,189.90 and a 200 day moving average price of GBX 1,085.18.

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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