BrightView Holdings, Inc. (NYSE:BV) Given Average Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of BrightView Holdings, Inc. (NYSE:BV – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $17.11.

BV has been the topic of a number of analyst reports. Loop Capital increased their price objective on BrightView from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday, November 15th. William Blair raised BrightView from a “market perform” rating to an “outperform” rating in a report on Friday, November 15th. Robert W. Baird increased their price objective on BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Morgan Stanley increased their price objective on BrightView from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, BTIG Research began coverage on BrightView in a report on Monday, December 2nd. They issued a “buy” rating and a $22.00 target price on the stock.

Read Our Latest Research Report on BrightView

Institutional Trading of BrightView

Hedge funds have recently modified their holdings of the company. Sterling Capital Management LLC lifted its position in shares of BrightView by 832.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,864 shares of the company’s stock worth $30,000 after acquiring an additional 1,664 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of BrightView by 181.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company’s stock worth $37,000 after acquiring an additional 1,475 shares during the period. Millburn Ridgefield Corp bought a new stake in shares of BrightView in the 3rd quarter worth approximately $45,000. NewEdge Advisors LLC bought a new stake in shares of BrightView in the 4th quarter worth approximately $56,000. Finally, New York State Teachers Retirement System lifted its position in shares of BrightView by 32.1% in the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company’s stock worth $85,000 after acquiring an additional 1,293 shares during the period. Institutional investors own 92.41% of the company’s stock.

BrightView Stock Performance

Shares of NYSE BV opened at $13.47 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 74.81 and a beta of 1.29. The business’s 50-day simple moving average is $15.53 and its 200-day simple moving average is $15.91. BrightView has a 52 week low of $8.26 and a 52 week high of $18.89.

BrightView Company Profile

(Get Free Report

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.

Recommended Stories