Bovis Homes Group Price Target Cut to $10.26 (BVS)

Research analysts at Deutsche Bank cut their target price on shares of Bovis Homes Group (LON: BVS) to $10.26 (679 GBX) in a report released on Tuesday. The firm currently has a “hold” rating on the stock.

Bovis Homes Group (LON: BVS) traded up 3.12% on Tuesday, hitting GBX 693.50. Bovis Homes Group has a 52-week low of GBX 392.70 and a 52-week high of GBX 686.50. The stock’s 50-day moving average is currently GBX 501.4. The company’s market cap is £924.7 million.

A number of other analysts have also recently weighed in on BVS. Analysts at JPMorgan Chase reiterated an “underweight” rating on shares of Bovis Homes Group in a research note to investors on Wednesday, March 13th. They now have a $8.74 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Bovis Homes Group from $8.36 to $10.45 in a research note to investors on Monday, March 11th. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup downgraded shares of Bovis Homes Group to a “neutral” rating in a research note to investors on Tuesday, February 26th. They now have a $10.77 price target on the stock.

One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $10.40 (688 GBX).

Bovis Homes Group PLC is a builder of traditional homes in England and Wales. The Company’s business involves the designing, building and selling of new homes for both private and public sector customers.