Bellway plc’s Neutral Rating Reaffirmed at Westhouse Securities (BWY)
Bellway plc (LON:BWY)‘s stock had its “neutral” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Monday. They currently have a GBX 1,411 ($24.03) price objective on the stock. Westhouse Securities’ price target would indicate a potential downside of 10.13% from the company’s current price.
A number of other firms have also recently commented on BWY. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Bellway plc in a research note on Friday. They now have a GBX 1,750 ($29.81) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note on Tuesday, June 24th. They now have a GBX 1,674 ($28.51) price target on the stock. Finally, 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 ($32.36) price target on the stock. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Bellway plc presently has a consensus rating of “Buy” and an average price target of GBX 1,830.92 ($31.19).
Shares of Bellway plc (LON:BWY) opened at 1564.00 on Monday. Bellway plc has a one year low of GBX 1236.00 and a one year high of GBX 1715.00. The stock has a 50-day moving average of GBX 1446. and a 200-day moving average of GBX 1541.18. The company’s market cap is £1.904 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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