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

ForViva (LON:FVA)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 190 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 37.68% from the company’s current price.

Separately, Shore Capital Group restated a “hold” rating on shares of ForViva in a research note on Friday, April 17th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ForViva currently has a consensus rating of “Moderate Buy” and an average price target of GBX 190.

ForViva Trading Down 0.4%

FVA opened at GBX 138 on Friday. The company has a fifty day moving average price of GBX 135.98 and a two-hundred day moving average price of GBX 133.29. ForViva has a 1-year low of GBX 114.50 and a 1-year high of GBX 148.75. The company has a market cap of £71.47 million and a P/E ratio of 5.70.

Insider Activity at ForViva

In other ForViva news, insider Tim Jones bought 40,000 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 138 per share, for a total transaction of £55,200. Insiders have bought 90,000 shares of company stock worth $12,380,000 over the last ninety days. 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.