Bovis Homes Group plc (BVS) Given New GBX 1,190 Price Target at Deutsche Bank AG
Bovis Homes Group plc (LON:BVS) had its price target dropped by stock analysts at Deutsche Bank AG from GBX 1,322 ($16.36) to GBX 1,190 ($14.73) in a research report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 50.16% from the stock’s current price.
A number of other research analysts also recently commented on BVS. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,150 ($14.23) price objective on shares of Bovis Homes Group plc in a research note on Friday, April 22nd. Liberum Capital decreased their target price on Bovis Homes Group plc from GBX 950 ($11.76) to GBX 899 ($11.13) and set a “hold” rating for the company in a report on Friday, April 22nd. Goldman Sachs Group Inc. reiterated a “buy” rating and set a GBX 1,320 ($16.34) target price on shares of Bovis Homes Group plc in a report on Wednesday, May 4th. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,023 ($12.66) target price on shares of Bovis Homes Group plc in a report on Tuesday, May 10th. Finally, Davy Research reiterated an “outperform” rating on shares of Bovis Homes Group plc in a report on Tuesday, May 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 997.60 ($12.35).
Bovis Homes Group plc (LON:BVS) traded down 0.751409% during mid-day trading on Tuesday, hitting GBX 793.778442. 719,200 shares of the stock traded hands. The company has a 50 day moving average of GBX 866.76 and a 200-day moving average of GBX 865.06. Bovis Homes Group plc has a 12-month low of GBX 430.00 and a 12-month high of GBX 1,044.00. The stock’s market cap is GBX 1.06 billion.
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The business also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, September 22nd will be given a GBX 15 ($0.19) dividend. This represents a yield of 1.85%. The ex-dividend date is Thursday, September 22nd.
In related news, insider Palmer,Martin bought 1,676 shares of the company’s stock in a transaction on Wednesday, August 31st. The shares were purchased at an average cost of GBX 903 ($11.18) per share, with a total value of £15,134.28 ($18,730.54).
About Bovis Homes Group plc
Bovis Homes Group PLC is a United Kingdom-based builder of homes in England and Wales. The Company’s business is involved in the design, build and sale of new homes for both private customers and social landlords. The Company offers a portfolio of properties, ranging from one and two bedroom apartments to five and six bedroom detached family homes.
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