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

ForViva (LON:FVA – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a report issued on Monday,Digital Look reports. They presently have a GBX 190 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 40.74% from the company’s current price.

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

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ForViva Stock Performance

Shares of FVA opened at GBX 135 on Monday. ForViva has a 52 week low of GBX 114.50 and a 52 week high of GBX 145. The stock has a market capitalization of £69.92 million and a price-to-earnings ratio of 5.58. The stock has a fifty day moving average of GBX 134.04 and a 200-day moving average of GBX 132.76.

ForViva (LON:FVA – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported GBX 11 earnings per share for the quarter. The firm had revenue of GBX 5,057 million for the quarter.

About ForViva

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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.

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