ForViva (LON:FVA) Earns Buy Rating from Canaccord Genuity Group

ForViva (LON:FVA)‘s stock had its “buy” rating restated by equities research analysts at Canaccord Genuity Group in a research report issued on Wednesday, September 30th, Digital Look reports. They presently have a GBX 190 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 29.25% from the stock’s previous close.

Separately, Shore Capital Group restated a “hold” rating and set a GBX 135 price objective on shares of ForViva in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 162.50.

ForViva Price Performance

LON FVA traded down GBX 1 on Wednesday, hitting GBX 147. 35,125 shares of the stock were exchanged, compared to its average volume of 47,967. The business’s fifty day moving average is GBX 139.35 and its 200 day moving average is GBX 135.67. ForViva has a 52 week low of GBX 114.50 and a 52 week high of GBX 152. The company has a market capitalization of £76.14 million and a PE ratio of 6.07.

Insider Transactions at ForViva

In other ForViva news, insider Tim Jones purchased 40,000 shares of the business’s stock in a transaction on Friday, July 17th. The stock was acquired at an average price of GBX 138 per share, with a total value of £55,200. Over the last three months, insiders acquired 90,000 shares of company stock worth $12,380,000. Company 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.