Beaufort Securities Reiterates “Hold” Rating for Bellway plc (BWY)
Shares of Bellway plc (LON:BWY) traded up 3.12% during mid-day trading on Monday, hitting GBX 1521.00. The stock had a trading volume of 166,429 shares. Bellway plc has a 1-year low of GBX 1236.00 and a 1-year high of GBX 1715.00. The stock has a 50-day moving average of GBX 1524.56 and a 200-day moving average of GBX 1533.93. The company’s market cap is £1.852 billion.
A number of other analysts have also recently weighed in on BWY. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Bellway plc in a research note on Friday. They now have a GBX 1,639 ($27.50) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Bellway plc in a research note on Tuesday, August 5th. They now have a GBX 1,750 ($29.36) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Bellway plc in a research note on Monday, August 4th. They now have a GBX 1,764 ($29.59) price target on the stock. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 1,838.67 ($30.84).
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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