Bellway plc Rating Reiterated by JPMorgan Chase & Co. (BWY)
Bellway plc (LON:BWY)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Monday, Stock Ratings Network reports. They currently have a GBX 1,450 ($23.39) price objective on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 14.90% from the stock’s previous close.
A number of other firms have also recently commented on BWY. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc (LON:BWY) in a research note to investors on Monday, September 23rd. They now have a GBX 1,503 ($24.25) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Bellway plc (LON:BWY) from GBX 1,327 ($21.41) to GBX 1,383 ($22.31) in a research note to investors on Friday, September 6th. They now have a “hold” rating on the stock. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,579.98 ($25.49).
Bellway plc (LON:BWY) opened at 1305.00 on Monday. Bellway plc has a 52 week low of GBX 898.8651 and a 52 week high of GBX 1539.00. The stock has a 50-day moving average of GBX 1397. and a 200-day moving average of GBX 1326.. The company’s market cap is £1.584 billion.
Bellway p.l.c. is a holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom.
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