Analysts Set Bovis Homes Group plc (BVS) Target Price at $1,145.44

Shares of Bovis Homes Group plc (LON:BVS) have earned a consensus rating of “Hold” from the thirteen research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,145.44 ($14.97).

Several research firms have recently commented on BVS. HSBC raised Bovis Homes Group to a “buy” rating and upped their target price for the company from GBX 1,060 ($13.85) to GBX 1,350 ($17.64) in a report on Tuesday, March 26th. Peel Hunt reaffirmed a “hold” rating on shares of Bovis Homes Group in a report on Wednesday, April 3rd. Liberum Capital lowered Bovis Homes Group to a “hold” rating and upped their target price for the company from GBX 910 ($11.89) to GBX 950 ($12.41) in a report on Monday, February 11th. Barclays decreased their price objective on Bovis Homes Group from GBX 1,234 ($16.12) to GBX 1,211 ($15.82) and set an “equal weight” rating for the company in a report on Monday, February 11th. Finally, UBS Group reissued a “neutral” rating and issued a GBX 1,020 ($13.33) price objective (up from GBX 860 ($11.24)) on shares of Bovis Homes Group in a report on Wednesday, April 17th.

Shares of LON:BVS traded down GBX 8 ($0.10) during trading on Thursday, hitting GBX 1,102 ($14.40). 308,720 shares of the company traded hands, compared to its average volume of 665,639. The firm has a market capitalization of $1.48 billion and a PE ratio of 10.86. Bovis Homes Group has a one year low of GBX 818.60 ($10.70) and a one year high of GBX 1,311.50 ($17.14). The company has a current ratio of 5.13, a quick ratio of 0.69 and a debt-to-equity ratio of 3.43.

The firm also recently disclosed a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, March 28th will be issued a GBX 38 ($0.50) dividend. This represents a yield of 3.57%. The ex-dividend date of this dividend is Thursday, March 28th. Bovis Homes Group’s dividend payout ratio (DPR) is 0.56%.

Bovis Homes Group Company Profile

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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Analyst Recommendations for Bovis Homes Group (LON:BVS)

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