Bovis Homes Group (BVS) Price Target Increased to GBX 1,265 by Analysts at Canaccord Genuity
Bovis Homes Group (LON:BVS) had its price objective lifted by Canaccord Genuity from GBX 1,250 ($16.12) to GBX 1,265 ($16.32) in a research report sent to investors on Friday. They currently have a hold rating on the stock.
Several other brokerages have also issued reports on BVS. Liberum Capital reaffirmed a hold rating and set a GBX 1,100 ($14.19) target price on shares of Bovis Homes Group in a research report on Friday, May 25th. Deutsche Bank upped their target price on Bovis Homes Group from GBX 1,368 ($17.65) to GBX 1,450 ($18.70) and gave the company a buy rating in a research report on Friday. Berenberg Bank initiated coverage on Bovis Homes Group in a research report on Wednesday, July 25th. They set a buy rating and a GBX 1,340 ($17.29) target price on the stock. Citigroup reaffirmed a neutral rating and set a GBX 1,054 ($13.60) target price (up from GBX 1,025 ($13.22)) on shares of Bovis Homes Group in a research report on Wednesday, August 29th. Finally, Peel Hunt reaffirmed a hold rating on shares of Bovis Homes Group in a research report on Wednesday, May 23rd. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 1,156.67 ($14.92).
Shares of BVS traded down GBX 19.50 ($0.25) during trading hours on Friday, hitting GBX 1,126.50 ($14.53). The company had a trading volume of 970,392 shares, compared to its average volume of 665,639. Bovis Homes Group has a one year low of GBX 826 ($10.66) and a one year high of GBX 1,222 ($15.76).
The company also recently declared a dividend, which will be paid on Friday, November 23rd. Shareholders of record on Thursday, September 27th will be paid a dividend of GBX 64 ($0.83) per share. This represents a yield of 5.58%. The ex-dividend date is Thursday, September 27th. This is an increase from Bovis Homes Group’s previous dividend of $32.50.
About Bovis Homes Group
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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