Bellway plc Price Target Increased to GBX 2,085 by Analysts at Jefferies Group (BWY)
Research analysts at Jefferies Group raised their target price on shares of Bellway plc (LON:BWY) from GBX 1,954 ($32.20) to GBX 2,085 ($34.35) in a report released on Friday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target suggests a potential upside of 34.17% from the company’s current price.
A number of other analysts have also recently weighed in on BWY. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note to investors on Monday, January 20th. They now have a GBX 1,592 ($26.23) price target 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 analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. Bellway plc has an average rating of “Hold” and an average target price of GBX 1,652.92 ($27.24).
Shares of Bellway plc (LON:BWY) opened at 1554.00 on Friday. Bellway plc has a one year low of GBX 1091.00 and a one year 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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