Bellway plc Stock Rating Reaffirmed by Numis Securities Ltd (BWY)
Bellway plc (LON:BWY)‘s stock had its “hold” rating restated by Numis Securities Ltd in a research note issued on Tuesday. They currently have a GBX 185 ($3.11) target price on the stock. Numis Securities Ltd’s price target points to a potential downside of 86.39% from the company’s current price.
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 on Friday. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note on Friday. They now have a GBX 1,664 ($27.99) price target on the stock. Finally, analysts at Westhouse Securities reiterated an “add” rating on shares of Bellway plc in a research note on Thursday, May 8th. Eight analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,637.78 ($27.55).
Shares of Bellway plc (LON:BWY) opened at 1373.00 on Tuesday. Bellway plc has a 52-week low of GBX 1206.00 and a 52-week high of GBX 1715.00. The stock has a 50-day moving average of GBX 1518. and a 200-day moving average of GBX 1541.68. The company’s market cap is £1.672 billion.
Bellway p.l.c. is a United Kingdom-based holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom.
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