Barclays Increases Bovis Homes Group Price Target to GBX 807.30 (BVS)
Research analysts at Barclays upped their target price on shares of Bovis Homes Group (LON:BVS) from GBX 778.10 ($12.79) to GBX 807.30 ($13.27) in a report released on Tuesday, American Banking News.com reports. The firm currently has an “underweight” rating on the stock. Barclays’ price objective indicates a potential downside of 1.37% from the stock’s previous close.
BVS has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Bovis Homes Group in a research note to investors on Monday. They now have a GBX 1,008 ($16.57) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Bovis Homes Group from GBX 987 ($16.22) to GBX 1,036 ($17.03) in a research note to investors on Friday. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 875.60 ($14.39).
Shares of Bovis Homes Group (LON:BVS) traded up 0.18% during mid-day trading on Tuesday, hitting GBX 818.5001. The stock had a trading volume of 201,763 shares. Bovis Homes Group has a 1-year low of GBX 606.87 and a 1-year high of GBX 860.0001. The stock’s 50-day moving average is GBX 809. and its 200-day moving average is GBX 781.6. The company’s market cap is £1.097 billion.
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.
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