Bovis Homes Group (BVS) Downgraded by Liberum Capital

Bovis Homes Group (LON:BVS) was downgraded by equities research analysts at Liberum Capital to a “hold” rating in a research report issued to clients and investors on Monday. They presently have a GBX 950 ($12.41) target price on the stock, up from their previous target price of GBX 910 ($11.89). Liberum Capital’s price target points to a potential downside of 6.17% from the company’s previous close.

A number of other brokerages have also commented on BVS. Berenberg Bank cut their price target on Bovis Homes Group from GBX 1,370 ($17.90) to GBX 1,230 ($16.07) and set a “buy” rating on the stock in a research note on Monday, January 28th. Shore Capital raised Bovis Homes Group to a “buy” rating in a research note on Thursday, December 13th. Peel Hunt reissued a “hold” rating and set a GBX 825 ($10.78) price target on shares of Bovis Homes Group in a research note on Monday, December 10th. UBS Group reissued a “neutral” rating on shares of Bovis Homes Group in a research note on Thursday, January 17th. Finally, Bank of America cut their price target on Bovis Homes Group from GBX 1,040 ($13.59) to GBX 825 ($10.78) and set an “underperform” rating on the stock in a research note on Friday, January 11th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 1,125 ($14.70).

LON:BVS opened at GBX 1,012.50 ($13.23) on Monday. Bovis Homes Group has a twelve month low of GBX 826 ($10.79) and a twelve month high of GBX 1,222 ($15.97).

Bovis Homes Group Company Profile

Bovis Homes Group PLC, together with its subsidiaries, operates as a builder of homes in the United Kingdom. The company offers two-bed to six-bed family homes. As of December 31, 2017, it had a consented land bank of 17,096 plots. The company was founded in 1885 and is headquartered in West Malling, the United Kingdom.

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Analyst Recommendations for Bovis Homes Group (LON:BVS)

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