Bovis Homes Group plc (BVS) Price Target Raised to GBX 980 at Bank of America Corporation
Bovis Homes Group plc (LON:BVS) had its price objective hoisted by Bank of America Corporation from GBX 785 ($10.14) to GBX 980 ($12.66) in a research note released on Tuesday morning. Bank of America Corporation currently has an underperform rating on the stock.
Several other analysts also recently commented on the stock. Peel Hunt reissued a hold rating and set a GBX 910 ($11.75) price objective on shares of Bovis Homes Group plc in a research report on Thursday, July 6th. Deutsche Bank AG reissued a buy rating and set a GBX 1,135 ($14.66) price objective on shares of Bovis Homes Group plc in a research report on Friday, July 21st. Shore Capital reissued a hold rating on shares of Bovis Homes Group plc in a research report on Thursday, July 6th. Liberum Capital downgraded shares of Bovis Homes Group plc to a hold rating and increased their price objective for the company from GBX 940 ($12.14) to GBX 965 ($12.46) in a research report on Wednesday, July 19th. Finally, Barclays PLC increased their price objective on shares of Bovis Homes Group plc from GBX 768 ($9.92) to GBX 833 ($10.76) and gave the company an underweight rating in a research report on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 994.54 ($12.84).
Shares of Bovis Homes Group plc (BVS) opened at 1079.00 on Tuesday. Bovis Homes Group plc has a 12-month low of GBX 740.50 and a 12-month high of GBX 1,167.00. The firm’s market capitalization is GBX 1.45 billion. The firm has a 50-day moving average of GBX 1,026.31 and a 200-day moving average of GBX 935.71.
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The company also recently disclosed a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, September 21st will be given a dividend of GBX 15 ($0.19) per share. This represents a yield of 1.32%. The ex-dividend date of this dividend is Thursday, September 21st.
In related news, insider Earl Sibley purchased 5,409 shares of the company’s stock in a transaction dated Tuesday, June 20th. The shares were purchased at an average price of GBX 922 ($11.91) per share, with a total value of £49,870.98 ($64,407.83). In the last ninety days, insiders have bought 5,441 shares of company stock worth $5,017,183.
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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