Shares of BrightView Holdings, Inc. (NYSE:BV - Get Free Report) have received a consensus rating of "Moderate Buy" from the eight analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation, three have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $15.47.
Several equities analysts have recently issued reports on the company. Robert W. Baird upgraded BrightView from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $13.00 to $17.00 in a research report on Tuesday, July 30th. Morgan Stanley started coverage on BrightView in a report on Thursday, August 22nd. They issued an "equal weight" rating and a $16.00 target price on the stock. Baird R W upgraded BrightView from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 30th. Jefferies Financial Group upgraded BrightView from a "hold" rating to a "buy" rating and lifted their target price for the stock from $13.00 to $17.00 in a report on Wednesday, August 21st. Finally, Loop Capital upgraded BrightView to a "strong-buy" rating in a report on Tuesday, July 30th.
Read Our Latest Research Report on BV
Shares of BrightView stock opened at $18.25 on Friday. The business's fifty day moving average price is $15.98 and its two-hundred day moving average price is $14.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.45 and a quick ratio of 1.45. The company has a market capitalization of $1.73 billion, a P/E ratio of 152.10 and a beta of 1.28. BrightView has a 1-year low of $6.86 and a 1-year high of $18.68.
Hedge funds and other institutional investors have recently modified their holdings of the business. Empowered Funds LLC boosted its position in BrightView by 8.2% during the first quarter. Empowered Funds LLC now owns 385,815 shares of the company's stock valued at $4,591,000 after purchasing an additional 29,192 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in BrightView during the first quarter valued at $155,000. Redmond Asset Management LLC acquired a new stake in BrightView during the first quarter valued at $2,281,000. Sei Investments Co. boosted its position in BrightView by 6.1% during the first quarter. Sei Investments Co. now owns 238,834 shares of the company's stock valued at $2,842,000 after purchasing an additional 13,756 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in BrightView by 173.7% during the first quarter. Russell Investments Group Ltd. now owns 29,563 shares of the company's stock valued at $352,000 after purchasing an additional 18,763 shares during the last quarter. Institutional investors and hedge funds own 92.41% of the company's stock.
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.
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