BrightView Holdings, Inc. (NYSE:BV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

BrightView Holdings, Inc. (NYSE:BV) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $15.47.

A number of research firms have recently commented on BV. The Goldman Sachs Group lifted their price objective on BrightView from $10.00 to $11.30 and gave the stock a “sell” rating in a research note on Friday, August 2nd. Robert W. Baird upgraded BrightView from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $13.00 to $17.00 in a research note on Tuesday, July 30th. Jefferies Financial Group upgraded BrightView from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $13.00 to $17.00 in a research note on Wednesday, August 21st. Morgan Stanley began coverage on BrightView in a research note on Thursday, August 22nd. They issued an “equal weight” rating and a $16.00 price objective on the stock. Finally, Baird R W upgraded BrightView from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 30th.

Hedge Funds Weigh In On BrightView

Large investors have recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of BrightView in the 2nd quarter worth approximately $102,000. Kathmere Capital Management LLC acquired a new position in shares of BrightView in the 2nd quarter worth approximately $133,000. Quest Partners LLC acquired a new position in shares of BrightView in the 3rd quarter worth approximately $153,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of BrightView in the 1st quarter worth approximately $155,000. Finally, Caxton Associates LP acquired a new position in shares of BrightView in the 1st quarter worth approximately $201,000. Institutional investors and hedge funds own 92.41% of the company’s stock.

BrightView Price Performance

Shares of NYSE:BV opened at $18.25 on Friday. BrightView has a fifty-two week low of $6.86 and a fifty-two week high of $18.68. The business has a 50-day moving average of $15.98 and a two-hundred day moving average of $14.41. The stock has a market capitalization of $1.73 billion, a P/E ratio of 152.10 and a beta of 1.28. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.45 and a quick ratio of 1.45.

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.