ForViva’s (FVA) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of ForViva (LON:FVA) in a report issued on Wednesday morning,Digital Look reports. The firm currently has a GBX 190 target price on the stock.

Separately, Shore Capital Group reiterated a “hold” rating and set a GBX 135 target price on shares of ForViva in a research report on Wednesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, ForViva currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 162.50.

ForViva Price Performance

ForViva stock opened at GBX 144.50 on Wednesday. The firm has a market capitalization of £74.84 million and a P/E ratio of 5.97. The stock has a fifty day moving average price of GBX 139.16 and a two-hundred day moving average price of GBX 135.48. ForViva has a 52-week low of GBX 114.50 and a 52-week high of GBX 152.

Insider Transactions at ForViva

In related news, insider Tim Jones purchased 40,000 shares of ForViva stock in a transaction that occurred on Wednesday, July 15th. The shares were acquired at an average price of GBX 137 per share, for a total transaction of £54,800. In the last 90 days, insiders have bought 90,000 shares of company stock worth $12,380,000. 7.31% of the stock is owned by corporate insiders.

ForViva Company Profile

ForViva plc (LON: FVA) is a United Kingdom–based property company that operates in the residential and specialist housing sectors. The group’s activities are focused on ownership, management and leasing of housing assets that serve social, affordable and supported living needs. Its portfolio is oriented toward providing long?term rental accommodation and specialist premises that accommodate people requiring additional care or support.

Services associated with ForViva’s property portfolio typically include day?to?day asset management, tenancy management, property maintenance and refurbishment, and collaboration with public sector bodies and third?party care providers to deliver supported housing solutions.