Bellway plc Receives “Hold” Rating from Deutsche Bank (BWY)
Bellway plc (LON:BWY)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Tuesday. They currently have a GBX 1,674 ($28.49) price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 13.96% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Bellway plc in a research note on Thursday, June 19th. They now have a GBX 1,900 ($32.33) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Bellway plc in a research note on Monday, June 16th. They now have a GBX 2,000 ($34.04) 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 ($38.72) price target on the stock. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,830.92 ($31.16).
Bellway plc (LON:BWY) traded up 0.55% on Tuesday, hitting GBX 1469.00. The stock had a trading volume of 398,889 shares. Bellway plc has a one year low of GBX 1236.00 and a one year high of GBX 1715.00. The stock’s 50-day moving average is GBX 1442. and its 200-day moving average is GBX 1540.. The company’s market cap is £1.789 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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