ForViva (LON:FVA) Given “Hold” Rating at Shore Capital Group

ForViva (LON:FVA)‘s stock had its “hold” rating reissued by equities research analysts at Shore Capital Group in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 135 price target on the stock. Shore Capital Group’s price objective suggests a potential downside of 8.16% from the company’s current price.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 190 price objective on shares of ForViva in a report on Friday, August 14th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 162.50.

ForViva Stock Performance

Shares of FVA opened at GBX 147 on Wednesday. The business has a 50-day moving average of GBX 139.06 and a 200 day moving average of GBX 135.27. ForViva has a fifty-two week low of GBX 114.50 and a fifty-two week high of GBX 149. The firm has a market cap of £76.14 million and a P/E ratio of 6.07.

Insider Transactions at ForViva

In related news, insider Tim Jones bought 40,000 shares of the company’s stock in a transaction on Friday, July 17th. The shares were purchased at an average price of GBX 138 per share, for a total transaction of £55,200. Over the last quarter, insiders have acquired 90,000 shares of company stock worth $12,380,000. Insiders own 7.31% of the company’s stock.

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.