Brightview Holdings (BV) has disclosed a new risk, in the Supply Chain category.
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Brightview Holdings faces significant counterparty default risk due to its numerous financial arrangements with institutions, including cash deposits and derivative instruments. This risk is heightened during market distress when counterparties may fail to meet their obligations, potentially without notice, limiting Brightview’s ability to mitigate exposure. Insolvency or bankruptcy of a counterparty could further restrict Brightview’s recovery of losses, adversely impacting its business and financial condition. The company acknowledges the uncertainty surrounding the financial stability of its counterparties, offering no assurance of their viability.
The average BV stock price target is $12.50, implying 6.47% upside potential.
To learn more about Brightview Holdings’ risk factors, click here.