Seymour Pierce Downgrades Belvoir Lettings PLC to Hold (BLV)
Belvoir Lettings PLC (LON:BLV) was downgraded by analysts at Seymour Pierce to a “hold” rating in a research report issued to clients and investors on Thursday, StockRatingsNetwork reports. They currently have a GBX 127 ($2.13) price objective on the stock, down from their previous price objective of GBX 200 ($3.36). Seymour Pierce’s target price suggests a potential upside of 7.63% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald Europe downgraded shares of Belvoir Lettings PLC to a “hold” rating in a research note on Thursday, April 24th. They now have a GBX 127 ($2.13) price target on the stock, down previously from GBX 200 ($3.36).
Shares of Belvoir Lettings PLC (LON:BLV) traded up 0.43% on Thursday, hitting GBX 118.00. 20,420 shares of the company’s stock traded hands. Belvoir Lettings PLC has a 52 week low of GBX 116.50 and a 52 week high of GBX 195.00. The stock has a 50-day moving average of GBX 139.3 and a 200-day moving average of GBX 167.2.
Belvoir Lettings plc, formerly Belvoir Lettings Limited, is holding company for Belvoir Property Solutions Limited (LON:BLV).
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