BrightView (NYSE:BV) Given New $20.00 Price Target at Robert W. Baird

BrightView (NYSE:BV) had its price objective boosted by stock analysts at Robert W. Baird from $18.00 to $20.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s target price would indicate a potential upside of 9.59% from the company’s previous close.

A number of other research analysts also recently issued reports on BV. Baird R W upgraded shares of BrightView from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 30th. Morgan Stanley assumed coverage on BrightView in a report on Thursday, August 22nd. They set an “equal weight” rating and a $16.00 price target for the company. Jefferies Financial Group upgraded BrightView from a “hold” rating to a “buy” rating and upped their target price for the company from $13.00 to $17.00 in a research report on Wednesday, August 21st. The Goldman Sachs Group boosted their price target on BrightView from $10.00 to $11.30 and gave the company a “sell” rating in a research note on Friday, August 2nd. Finally, Loop Capital raised shares of BrightView to a “strong-buy” rating in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $15.90.

BrightView Price Performance

Shares of BV opened at $18.25 on Thursday. The business has a 50-day moving average of $16.20 and a 200-day moving average of $14.63. 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 price-to-earnings ratio of 152.10 and a beta of 1.28. BrightView has a 1 year low of $6.94 and a 1 year high of $18.89.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in BrightView by 134.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,127 shares of the company’s stock worth $270,000 after purchasing an additional 9,825 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of BrightView by 25.6% during the third quarter. MetLife Investment Management LLC now owns 33,228 shares of the company’s stock worth $523,000 after acquiring an additional 6,768 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in BrightView by 4.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company’s stock worth $381,000 after purchasing an additional 1,056 shares during the period. FMR LLC boosted its position in shares of BrightView by 293.4% in the third quarter. FMR LLC now owns 6,884 shares of the company’s stock valued at $108,000 after acquiring an additional 5,134 shares during the period. Finally, Quantbot Technologies LP purchased a new position in BrightView during the third quarter valued at approximately $555,000. Institutional investors and hedge funds 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.