Bovis Homes Group Price Target Raised to GBX 1,125 at HSBC (BVS)
Investment analysts at HSBC increased their target price on shares of Bovis Homes Group (LON:BVS) from GBX 1,065 ($17.55) to GBX 1,125 ($18.54) in a note issued to investors on Friday, American Banking and Market News reports. The firm currently has an “overweight” rating on the stock. HSBC’s price target indicates a potential upside of 35.22% from the company’s current price.
Shares of Bovis Homes Group (LON:BVS) opened at 834.00 on Friday. Bovis Homes Group has a 52-week low of GBX 595.00 and a 52-week high of GBX 860.0001. The stock has a 50-day moving average of GBX 790.7 and a 200-day moving average of GBX 780.8. The company’s market cap is £1.118 billion.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Bovis Homes Group in a research note to investors on Thursday. They now have a GBX 900 ($14.83) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Bovis Homes Group in a research note to investors on Thursday. They now have a GBX 1,008 ($16.61) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Bovis Homes Group in a research note to investors on Thursday. They now have a GBX 987 ($16.27) price target on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 864.62 ($14.25).
Bovis Homes Group PLC is a builder of traditional homes in England and Wales. The Company’s business involves the designing, building and selling of new homes for both private and public sector customers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.