Analysts Set BrightView Holdings, Inc. (NYSE:BV) PT at $15.47

BrightView Holdings, Inc. (NYSE:BV - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight research firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $15.47.

BV has been the subject of a number of research analyst reports. Morgan Stanley initiated coverage on shares of BrightView in a research note on Thursday, August 22nd. They issued an "equal weight" rating and a $16.00 price target for the company. Robert W. Baird upgraded shares of BrightView from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from $13.00 to $17.00 in a research note on Tuesday, July 30th. The Goldman Sachs Group boosted their target price on shares of BrightView from $10.00 to $11.30 and gave the company a "sell" rating in a research note on Friday, August 2nd. Jefferies Financial Group upgraded shares of BrightView from a "hold" rating to a "buy" rating and boosted their target price for the company from $13.00 to $17.00 in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of BrightView from $11.00 to $14.00 and gave the company an "underweight" rating in a research note on Friday, August 2nd.

BrightView Stock Up 1.8 %

Shares of NYSE:BV traded up $0.32 during midday trading on Friday, reaching $18.57. The company had a trading volume of 352,081 shares, compared to its average volume of 619,648. 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 stock's fifty day moving average price is $15.98 and its 200-day moving average price is $14.41. The stock has a market capitalization of $1.76 billion, a P/E ratio of 152.10 and a beta of 1.28. BrightView has a one year low of $6.86 and a one year high of $18.69.

Hedge Funds Weigh In On BrightView

Several institutional investors have recently modified their holdings of BV. Vanguard Group Inc. lifted its holdings in BrightView by 4.8% in the first quarter. Vanguard Group Inc. now owns 4,031,524 shares of the company's stock worth $47,975,000 after purchasing an additional 185,327 shares during the period. Dimensional Fund Advisors LP lifted its holdings in BrightView by 28.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,140,676 shares of the company's stock worth $41,772,000 after purchasing an additional 695,987 shares during the period. Driehaus Capital Management LLC acquired a new stake in BrightView in the second quarter worth about $13,086,000. Allspring Global Investments Holdings LLC acquired a new stake in BrightView in the second quarter worth about $9,857,000. Finally, Harbor Capital Advisors Inc. lifted its holdings in BrightView by 150.5% in the third quarter. Harbor Capital Advisors Inc. now owns 632,394 shares of the company's stock worth $9,954,000 after purchasing an additional 379,916 shares during the period. Institutional investors own 92.41% of the company's stock.

BrightView Company Profile

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.