Bovis Homes Group (BVS) Sets New 12-Month Low Following Insider Selling
Bovis Homes Group plc (LON:BVS)’s share price reached a new 52-week low on Tuesday after an insider sold shares in the company. The stock traded as low as GBX 839.20 ($10.97) and last traded at GBX 848.60 ($11.09), with a volume of 349217 shares traded. The stock had previously closed at GBX 866.80 ($11.33).
Specifically, insider Greg Fitzgerald sold 15,616 shares of the company’s stock in a transaction on Thursday, November 29th. The stock was sold at an average price of GBX 892 ($11.66), for a total transaction of £139,294.72 ($182,013.22).
A number of analysts have commented on BVS shares. Shore Capital upgraded Bovis Homes Group to a “hold” rating in a research report on Thursday, November 15th. Canaccord Genuity upped their price target on Bovis Homes Group from GBX 1,250 ($16.33) to GBX 1,265 ($16.53) and gave the stock a “hold” rating in a research report on Friday, September 7th. Liberum Capital restated a “hold” rating and issued a GBX 1,100 ($14.37) price target on shares of Bovis Homes Group in a research report on Friday, September 7th. Barclays restated an “equal weight” rating and issued a GBX 1,234 ($16.12) price target (up previously from GBX 904 ($11.81)) on shares of Bovis Homes Group in a research report on Wednesday, September 12th. Finally, Citigroup restated a “neutral” rating and issued a GBX 1,054 ($13.77) price target (up previously from GBX 1,025 ($13.39)) on shares of Bovis Homes Group in a research report on Wednesday, August 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,226.30 ($16.02).
ILLEGAL ACTIVITY WARNING: “Bovis Homes Group (BVS) Sets New 12-Month Low Following Insider Selling” was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.watchlistnews.com/bovis-homes-group-bvs-sets-new-12-month-low-following-insider-selling/2663320.html.
About Bovis Homes Group (LON:BVS)
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.
See Also: What is a Derivative?
Receive News & Ratings for Bovis Homes Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bovis Homes Group and related companies with MarketBeat.com's FREE daily email newsletter.