Bellway plc Receives Hold Rating from Deutsche Bank (BWY)
Bellway plc (LON:BWY)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They currently have a GBX 1,674 ($28.71) price target on the stock. Deutsche Bank’s target price would suggest a potential upside of 10.35% from the company’s current price.
Bellway plc (LON:BWY) traded down 0.26% on Friday, hitting GBX 1517.00. The stock had a trading volume of 166,625 shares. Bellway plc has a 52-week low of GBX 1236.00 and a 52-week high of GBX 1715.00. The stock has a 50-day moving average of GBX 1481.56 and a 200-day moving average of GBX 1546.. The company’s market cap is £1.847 billion.
A number of other firms have also recently commented on BWY. Analysts at Jefferies Group reiterated a “buy” rating on shares of Bellway plc in a research note on Thursday, July 3rd. They now have a GBX 2,186 ($37.50) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Bellway plc in a research note on Wednesday, July 2nd. They now have a GBX 1,900 ($32.59) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Bellway plc in a research note on Tuesday, July 1st. They now have a GBX 2,039 ($34.97) price target on the stock. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 1,850 ($31.73).
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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