Westhouse Securities Reiterates “Neutral” Rating for Bellway plc (BWY)
Bellway plc (LON:BWY)‘s stock had its “neutral” rating restated by research analysts at Westhouse Securities in a report released on Thursday. They currently have a GBX 1,411 ($23.65) target price on the stock. Westhouse Securities’ target price would indicate a potential upside of 0.43% from the company’s current price.
Bellway plc (LON:BWY) traded up 2.21% during mid-day trading on Thursday, hitting GBX 1436.00. The stock had a trading volume of 604,781 shares. Bellway plc has a one year low of GBX 1206.00 and a one year high of GBX 1715.00. The stock has a 50-day moving average of GBX 1450. and a 200-day moving average of GBX 1537.18. The company’s market cap is £1.748 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note on Thursday. They now have a GBX 1,664 ($27.90) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Bellway plc in a research note on Tuesday. They now have a GBX 1,740 ($29.17) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Bellway plc to a “buy” rating in a research note on Monday. They now have a GBX 1,810 ($30.34) price target on the stock. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 1,777.60 ($29.80).
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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