Bellway plc Given Consensus Recommendation of “Buy” by Analysts (LON:BWY)
Shares of Bellway plc (LON:BWY) have earned an average recommendation of “Buy” from the fifteen brokerages that are covering the company, ARN reports. Seven research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 1,830.92 ($31.16).
Bellway plc (LON:BWY) traded up 3.22% on Thursday, hitting GBX 1541.00. 441,677 shares of the company’s stock traded hands. Bellway plc has a 52 week low of GBX 1236.00 and a 52 week high of GBX 1715.00. The stock’s 50-day moving average is GBX 1443. and its 200-day moving average is GBX 1540.. The company’s market cap is £1.876 billion.
BWY has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note on Tuesday. They now have a GBX 1,674 ($28.49) price target on the stock. Separately, 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. Finally, 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.
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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