Numis Securities Ltd Upgrades Bovis Homes Group plc (BVS) to “Buy”
Bovis Homes Group plc (LON:BVS) was upgraded by stock analysts at Numis Securities Ltd to a “buy” rating in a report released on Thursday. The firm currently has a GBX 1,275 ($16.47) target price on the stock, up from their previous target price of GBX 1,085 ($14.01). Numis Securities Ltd’s price target points to a potential upside of 11.94% from the stock’s current price.
A number of other research firms also recently commented on BVS. Deutsche Bank AG reissued a “buy” rating and issued a GBX 1,135 ($14.66) target price on shares of Bovis Homes Group plc in a report on Sunday, July 9th. Liberum Capital reaffirmed a “buy” rating and set a GBX 940 ($12.14) price target on shares of Bovis Homes Group plc in a research note on Friday, June 9th. Peel Hunt reaffirmed a “hold” rating and set a GBX 910 ($11.75) price target on shares of Bovis Homes Group plc in a research note on Thursday, July 6th. Barclays PLC lifted their price target 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. Finally, Shore Capital reaffirmed a “hold” rating on shares of Bovis Homes Group plc in a research note on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. Bovis Homes Group plc has a consensus rating of “Hold” and an average target price of GBX 995.75 ($12.86).
Shares of Bovis Homes Group plc (BVS) opened at 1139.00 on Thursday. The stock’s market cap is GBX 1.53 billion. Bovis Homes Group plc has a 12-month low of GBX 740.50 and a 12-month high of GBX 1,167.00. The stock’s 50 day moving average is GBX 1,018.93 and its 200-day moving average is GBX 928.64.
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In other Bovis Homes Group plc news, insider Earl Sibley purchased 5,409 shares of the stock in a transaction on Tuesday, June 20th. The stock was bought at an average price of GBX 922 ($11.91) per share, for a total transaction of £49,870.98 ($64,407.83). Insiders acquired a total of 5,441 shares of company stock valued at $5,017,183 in the last 90 days.
Bovis Homes Group plc Company Profile
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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