Bovis Homes Group (LON:BVS) Rating Reaffirmed
London: In an interesting research report made public on Friday morning, Jefferies has decided to restate their “Buy” rating on Bovis Homes Group (LON:BVS) shares. They now have a GBX 1398 price target on the company. Jefferies’s target would indicate a potential upside of 53.54% from the company’s last stock price.
From a total of 11 analysts covering Bovis Homes Group PLC (LON:BVS) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 64% of the ratings are positive. The highest target price is GBX 1505 while the lowest target price is GBX 1040. The mean of all analyst targets is GBX 1261.70 with a 36.62% above today’s (GBX 923.5) stock price. Bovis Homes Group PLC was the topic of 33 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 27 with “Buy” rating. Peel Hunt maintained shares with “Hold” rating and GBX 1040 target share price in a report from a November 19. JP Morgan maintained BVS stock in a recent report from November 20 with “Overweight” rating. Liberum Capital maintained the rating on November 19. Liberum Capital has a “Hold” rating and a GBX 1074 price target on shares. Finally, J.P. Morgan maintained the stock with “Overweight” rating in a report issued on a November 19.
The stock increased 1.15% or GBX 10.5 on November 27, striking GBX 923.5. Approximately 260,820 shares of stock traded hands. Bovis Homes Group plc (LON:BVS) has declined 0.75% since May 1, 2015 and is downtrending. It has outperformed by 0.14% the S&P500.
Bovis Homes Group PLC is a United Kingdom builder of homes in England and Wales. The company has a market cap of 1.24 billion GBP. The Company’s business is involved in the design, build and sale of new homes for both private clients and Registered Social Landlords. It has 11.33 P/E ratio. The Company’s portfolio of properties range from one and two bedroom apartments to five and six bedroom detached family homes.