Bellway plc Given Average Recommendation of “Hold” by Brokerages (LON:BWY)
Shares of Bellway plc (LON:BWY) have been given a consensus recommendation of “Hold” by the eighteen analysts that are presently covering the stock, Analyst Ratings News reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,675.96 ($27.50).
Several analysts have recently commented on the stock. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Bellway plc in a research note on Wednesday. Separately, analysts at Prime Markets reiterated a “buy” rating on shares of Bellway plc in a research note on Tuesday. They now have a GBX 1,700 ($27.89) price target on the stock. Finally, analysts at Davy Research reiterated a “neutral” rating on shares of Bellway plc in a research note on Tuesday.
Bellway plc (LON:BWY) traded down 1.69% during mid-day trading on Wednesday, hitting GBX 1629.0001. 240,589 shares of the company’s stock traded hands. Bellway plc has a one year low of GBX 1104.37 and a one year high of GBX 1659.00. The stock has a 50-day moving average of GBX 1582. and a 200-day moving average of GBX 1458.56. The company’s market cap is £1.984 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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