Analysts Set BrightView Holdings, Inc. (NYSE:BV) Price Target at $17.11

BrightView Holdings, Inc. (NYSE:BV) has been assigned an average recommendation of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $17.11.

Several analysts recently weighed in on the stock. William Blair upgraded shares of BrightView from a “market perform” rating to an “outperform” rating in a report on Friday, November 15th. BTIG Research assumed coverage on shares of BrightView in a research report on Monday, December 2nd. They issued a “buy” rating and a $22.00 target price for the company. Robert W. Baird boosted their price target on shares of BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Morgan Stanley increased their price target on shares of BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Finally, Loop Capital lifted their price objective on BrightView from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, November 15th.

Institutional Investors Weigh In On BrightView

Hedge funds and other institutional investors have recently bought and sold shares of the business. Interval Partners LP bought a new stake in shares of BrightView in the 4th quarter worth approximately $10,728,000. Boston Partners raised its stake in BrightView by 514.6% during the fourth quarter. Boston Partners now owns 579,159 shares of the company’s stock valued at $9,260,000 after buying an additional 484,928 shares during the last quarter. Millennium Management LLC boosted its holdings in BrightView by 96.5% in the fourth quarter. Millennium Management LLC now owns 944,584 shares of the company’s stock worth $15,104,000 after acquiring an additional 463,983 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of BrightView by 12.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,063,472 shares of the company’s stock worth $64,976,000 after acquiring an additional 454,756 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of BrightView by 25.9% during the fourth quarter. Bessemer Group Inc. now owns 1,908,651 shares of the company’s stock valued at $30,520,000 after acquiring an additional 393,103 shares in the last quarter. Hedge funds and other institutional investors own 92.41% of the company’s stock.

BrightView Trading Down 4.4 %

NYSE BV opened at $13.71 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. BrightView has a fifty-two week low of $8.26 and a fifty-two week high of $18.89. The stock has a market cap of $1.31 billion, a P/E ratio of 76.14 and a beta of 1.29. The stock has a 50 day simple moving average of $15.59 and a two-hundred day simple moving average of $15.90.

About BrightView

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.