Bovis Homes Group plc (BVS) Rating Reiterated by Deutsche Bank AG
Bovis Homes Group plc (LON:BVS)‘s stock had its “buy” rating reaffirmed by Deutsche Bank AG in a research note issued on Friday. They presently have a GBX 1,334 ($17.23) price objective on the stock. Deutsche Bank AG’s price target indicates a potential upside of 17.12% from the stock’s previous close.
Several other research analysts have also recently issued reports on the company. J P Morgan Chase & Co restated a “neutral” rating on shares of Bovis Homes Group plc in a research note on Friday. Numis Securities Ltd upgraded Bovis Homes Group plc to a “buy” rating and raised their price objective for the stock from GBX 1,085 ($14.01) to GBX 1,275 ($16.47) in a research note on Thursday. Peel Hunt restated a “hold” rating on shares of Bovis Homes Group plc in a research note on Thursday. Liberum Capital restated a “hold” rating and issued a GBX 965 ($12.46) price objective on shares of Bovis Homes Group plc in a research note on Monday, September 4th. Finally, Barclays PLC raised their price objective on Bovis Homes Group plc from GBX 768 ($9.92) to GBX 833 ($10.76) and gave the stock an “underweight” rating in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 995.75 ($12.86).
Bovis Homes Group plc (LON BVS) traded down 1.89% during midday trading on Friday, hitting GBX 1139.00. The company’s stock had a trading volume of 599,863 shares. The company’s 50-day moving average is GBX 1,018.93 and its 200 day moving average is GBX 928.64. The company’s market cap is GBX 1.53 billion. Bovis Homes Group plc has a one year low of GBX 740.50 and a one year high of GBX 1,167.00.
Bovis Homes Group plc (LON:BVS) last announced its quarterly earnings data on Thursday, September 7th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by $0.26. Bovis Homes Group plc had a return on equity of 14.49% and a net margin of 11.21%. On average, analysts predict that Bovis Homes Group plc will post $73.74 EPS for the current year.
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In other Bovis Homes Group plc news, insider Earl Sibley acquired 5,409 shares of the company’s stock in a transaction on Tuesday, June 20th. The shares were bought at an average cost of GBX 922 ($11.91) per share, with a total value of £49,870.98 ($64,407.83). Over the last three months, insiders acquired 5,441 shares of company stock worth $5,017,183.
About Bovis Homes Group plc
Bovis Homes Group PLC is a United Kingdom-based company, which is engaged in designing, building and sale of houses for both private customers and Registered Social Landlords. The Company offers a portfolio of properties, including one bedroom apartments, two bedroom apartments, five bedroom apartments and six bedroom detached family homes.
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