Bellway plc Given Hold Rating at Deutsche Bank (BWY)
Bellway plc (LON:BWY)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday, AnalystRatingsNetwork reports. They currently have a GBX 1,592 ($26.23) price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 2.45% from the company’s current price.
BWY has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Bellway plc from GBX 1,954 ($32.20) to GBX 2,085 ($34.35) in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Davy Research reiterated a “neutral” rating on shares of Bellway plc in a research note to investors on Monday, January 13th. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Bellway plc in a research note to investors on Friday, January 10th. They now have a GBX 1,766 ($29.10) price target on the stock. One equities research 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’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,652.92 ($27.24).
Bellway plc (LON:BWY) opened at 1554.00 on Friday. Bellway plc has a 52 week low of GBX 1091.00 and a 52 week high of GBX 1659.00. The stock has a 50-day moving average of GBX 1562. and a 200-day moving average of GBX 1450.. The company’s market cap is £1.892 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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