ForViva’s (FVA) Hold Rating Reiterated at Shore Capital Group

ForViva (LON:FVA)‘s stock had its “hold” rating reissued by Shore Capital Group in a report issued on Wednesday, September 30th, Digital Look reports. They currently have a GBX 135 price target on the stock. Shore Capital Group’s price objective would suggest a potential downside of 8.16% from the company’s previous close.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 190 target price on shares of ForViva in a report on Friday, August 14th. One investment analyst has rated the stock with a Buy rating and one has given 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 Price Performance

Shares of FVA stock traded down GBX 1 during trading hours on Wednesday, reaching GBX 147. 35,125 shares of the company’s stock were exchanged, compared to its average volume of 47,967. The company’s 50 day moving average is GBX 139.35 and its two-hundred day moving average is GBX 135.67. The company has a market cap of £76.14 million and a P/E ratio of 6.07. ForViva has a 1 year low of GBX 114.50 and a 1 year high of GBX 152.

Insider Buying and Selling at ForViva

In related news, insider Tim Jones acquired 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average cost of GBX 137 per share, for a total transaction of £54,800. Over the last three months, insiders have purchased 90,000 shares of company stock worth $12,380,000. Company insiders own 7.31% of the company’s stock.

About ForViva

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.