Bellway plc’s Neutral Rating Reaffirmed at Davy Research (BWY)
Bellway plc (LON:BWY)‘s stock had its “neutral” rating reaffirmed by analysts at Davy Research in a research report issued to clients and investors on Monday, AnalystRatingsNetwork.com reports.
Shares of Bellway plc (LON:BWY) traded down 0.24% during mid-day trading on Monday, hitting GBX 1643.00. The stock had a trading volume of 191,817 shares. Bellway plc has a 52-week low of GBX 1075.87 and a 52-week high of GBX 1659.00. The stock’s 50-day moving average is GBX 1513. and its 200-day moving average is GBX 1429.. The company’s market cap is £2.001 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Bellway plc in a research note to investors on Friday. They now have a GBX 1,766 ($29.10) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note to investors on Wednesday, January 8th. They now have a GBX 1,592 ($26.24) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Bellway plc in a research note to investors on Tuesday, January 7th. They now have a GBX 1,710 ($28.18) price target on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. Bellway plc currently has an average rating of “Hold” and an average target price of GBX 1,642.84 ($27.07).
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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