Bovis Homes Group (LON:BVS) Receives “Neutral” Rating from Citigroup

Citigroup restated their neutral rating on shares of Bovis Homes Group (LON:BVS) in a report issued on Friday morning, Digital Look reports.

BVS has been the topic of a number of other research reports. Numis Securities restated a buy rating on shares of Bovis Homes Group in a research note on Thursday, May 16th. Liberum Capital restated a hold rating on shares of Bovis Homes Group in a research note on Tuesday, July 9th. Peel Hunt restated a hold rating on shares of Bovis Homes Group in a research note on Monday, September 9th. Canaccord Genuity restated a hold rating and set a GBX 1,140 ($14.90) price target on shares of Bovis Homes Group in a research note on Tuesday, September 10th. Finally, Shore Capital restated a sell rating on shares of Bovis Homes Group in a research note on Tuesday, July 9th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 1,104.64 ($14.43).

Shares of BVS stock opened at GBX 1,109 ($14.49) on Friday. Bovis Homes Group has a fifty-two week low of GBX 818.60 ($10.70) and a fifty-two week high of GBX 1,183 ($15.46). The firm has a market capitalization of $1.50 billion and a price-to-earnings ratio of 10.93. The company has a debt-to-equity ratio of 3.43, a quick ratio of 0.69 and a current ratio of 5.13. The stock’s 50-day simple moving average is GBX 1,052.74 and its 200-day simple moving average is GBX 1,061.85.

The company also recently announced a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, September 26th will be issued a dividend of GBX 20.50 ($0.27) per share. This represents a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, September 26th. Bovis Homes Group’s dividend payout ratio (DPR) is 0.56%.

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.

Read More: Book Value Of Equity Per Share – BVPS Explained

Analyst Recommendations for Bovis Homes Group (LON:BVS)

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