Bellway plc’s Buy Rating Reaffirmed at Liberum Capital (BWY)
Bellway plc (LON:BWY)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Thursday. They currently have a GBX 1,900 ($32.25) price target on the stock. Liberum Capital’s price target indicates a potential upside of 33.61% from the company’s current price.
Bellway plc (LON:BWY) opened at 1458.00 on Thursday. 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 1439. and a 200-day moving average of GBX 1538.68. The company’s market cap is £1.775 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Bellway plc in a research note on Monday. They now have a GBX 2,000 ($33.95) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note on Friday, June 13th. They now have a GBX 1,674 ($28.42) price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of Bellway plc in a research note on Tuesday, June 10th. They now have a GBX 2,275 ($38.62) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of GBX 1,830.92 ($31.08).
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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