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

ForViva (LON:FVA)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a report issued on Monday,Digital Look reports. They currently have a GBX 190 price objective on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 40.74% from the stock’s previous close.

Separately, Shore Capital Group reissued a “hold” rating on shares of ForViva in a report on Friday, April 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 190.

ForViva Trading Up 0.6%

Shares of FVA opened at GBX 135 on Monday. ForViva has a 12 month low of GBX 114.50 and a 12 month high of GBX 145. The firm’s 50 day moving average is GBX 134.04 and its 200-day moving average is GBX 132.76. The stock has a market capitalization of £69.92 million and a PE ratio of 5.58.

ForViva (LON:FVA) last released its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 11 earnings per share for the quarter. The business had revenue of GBX 5,057 million during the quarter.

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.