Bank of America Lowers Bovis Homes Group (BVS) Price Target to GBX 825

Bovis Homes Group (LON:BVS) had its target price decreased by analysts at Bank of America from GBX 1,040 ($13.59) to GBX 825 ($10.78) in a report issued on Friday. The brokerage currently has an “underperform” rating on the stock. Bank of America‘s price target points to a potential downside of 11.39% from the stock’s previous close.

A number of other brokerages also recently issued reports on BVS. Liberum Capital reiterated a “hold” rating on shares of Bovis Homes Group in a research report on Thursday, November 15th. Peel Hunt restated a “hold” rating and set a GBX 825 ($10.78) price target on shares of Bovis Homes Group in a research report on Monday, December 10th. Finally, Shore Capital upgraded Bovis Homes Group to a “hold” rating in a research report on Thursday, November 15th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,155.80 ($15.10).

Shares of BVS stock opened at GBX 931 ($12.17) on Friday. Bovis Homes Group has a 52-week low of GBX 826 ($10.79) and a 52-week high of GBX 1,222 ($15.97).

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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