Qualitative fundamentals like growth, EPS and sales revisions argue for a recovery in prices.

Solid financials are highlighted by good Surperformance© ratings. The group benefits from upward revisions on projected earnings per share and sales. In addition, according to the consensus, revenues should increase this year. Its P/E ratio of 9.95x computed on 2014 estimates represents an attractive valuation and argues for a rise in share prices.

Technically, the stock trades close to its short term level at GBp 732.5 that constitutes a support for the midterm and long term positive trend. Already tested, this level has initiated a rebound every time. This scenario should happen again in the next trading sessions, confirming our positive opinion on the stock.

According to fundamental and technical analysis, timing seems suitable for buying Bovis Homes Group's shares close to its support level at GBp 732.5. The bullish target could be set over the GBp 792.5 short term resistance with a stop-loss order under the longterm support.