Bellway plc Given Hold Rating at Deutsche Bank (BWY)
Bellway plc (LON:BWY)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 1,592 ($26.12) price target on the stock. Deutsche Bank’s price target suggests a potential downside of 1.24% from the stock’s previous close.
Bellway plc (LON:BWY) remained flat at GBX 1612.0001 during during mid-day trading trading on Monday. The stock had a trading volume of 251,772 shares. Bellway plc has a one year low of GBX 1104.37 and a one year high of GBX 1659.00. The stock’s 50-day moving average is GBX 1580. and its 200-day moving average is GBX 1456.. The company’s market cap is £1.963 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays raised their price target on shares of Bellway plc from GBX 1,498.10 ($24.58) to GBX 1,552.60 ($25.47) in a research note to investors on Tuesday, February 4th. They now have an “underweight” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Bellway plc in a research note to investors on Monday, February 3rd. They now have a GBX 1,690 ($27.73) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Bellway plc from GBX 1,954 ($32.06) to GBX 2,085 ($34.21) in a research note to investors on Friday, January 31st. They now have a “buy” rating on the stock. One research 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 presently has an average rating of “Hold” and a consensus price target of GBX 1,657.11 ($27.19).
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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