Deutsche Bank AG Reiterates “Buy” Rating for Bovis Homes Group plc (BVS)
Deutsche Bank AG reiterated their buy rating on shares of Bovis Homes Group plc (LON:BVS) in a research note issued to investors on Friday. The firm currently has a GBX 1,334 ($17.23) price objective on the stock.
Several other equities analysts have also recently weighed in on BVS. Jefferies Group LLC lifted their price objective on Bovis Homes Group plc from GBX 1,041 ($13.44) to GBX 1,122 ($14.49) and gave the company a buy rating in a report on Monday, June 26th. Liberum Capital cut Bovis Homes Group plc to a hold rating and lifted their price objective for the company from GBX 940 ($12.14) to GBX 965 ($12.46) in a report on Wednesday, July 19th. J P Morgan Chase & Co lifted their price objective on Bovis Homes Group plc from GBX 880 ($11.37) to GBX 950 ($12.27) and gave the company a neutral rating in a report on Friday, July 7th. Barclays PLC lifted their price objective on Bovis Homes Group plc from GBX 768 ($9.92) to GBX 833 ($10.76) and gave the company an underweight rating in a report on Thursday, July 13th. Finally, Canaccord Genuity reaffirmed a hold rating and issued a GBX 860 ($11.11) price objective on shares of Bovis Homes Group plc in a report on Thursday, July 6th. One investment 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’s stock. Bovis Homes Group plc has a consensus rating of Hold and a consensus target price of GBX 995.75 ($12.86).
Bovis Homes Group plc (BVS) opened at 1106.00 on Friday. The company has a 50 day moving average price of GBX 1,024.57 and a 200-day moving average price of GBX 933.46. Bovis Homes Group plc has a 52 week low of GBX 740.50 and a 52 week high of GBX 1,167.00. The firm’s market capitalization is GBX 1.48 billion.
Bovis Homes Group plc (LON:BVS) last released its quarterly earnings results on Thursday, September 7th. The company reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.26. Bovis Homes Group plc had a return on equity of 6.78% and a net margin of 8.07%. Equities analysts predict that Bovis Homes Group plc will post $73.74 earnings per share for the current year.
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The firm also recently declared a dividend, which will be paid on Friday, November 17th. Stockholders of record on Thursday, September 21st will be issued a dividend of GBX 15 ($0.19) per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a dividend yield of 1.32%.
In other Bovis Homes Group plc news, insider Earl Sibley purchased 5,409 shares of the stock in a transaction dated Tuesday, June 20th. The stock was bought at an average price of GBX 922 ($11.91) per share, with a total value of £49,870.98 ($64,407.83). Insiders have bought a total of 5,441 shares of company stock valued at $5,017,183 in the last three months.
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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