Bellway plc Rating Reiterated by Numis Securities Ltd (BWY)
Bellway plc (LON:BWY)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Monday. They currently have a GBX 2,039 ($33.84) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 27.76% from the stock’s previous close.
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 Friday, August 22nd. They now have a GBX 1,764 ($29.27) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bellway plc in a research note on Friday, August 22nd. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Bellway plc in a research note on Monday, August 11th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 1,853.64 ($30.76).
Bellway plc (LON:BWY) opened at 1594.00 on Monday. 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 1541.81 and its 200-day moving average is GBX 1538.. The company’s market cap is £1.941 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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