Bellway plc (LON:BWY) has earned a consensus recommendation of “Buy” from the fourteen research firms that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 3,383.18 ($43.92).

Several brokerages recently commented on BWY. Liberum Capital reiterated a “buy” rating and set a GBX 3,032 ($39.36) price target on shares of Bellway plc in a research report on Thursday, June 15th. Credit Suisse Group boosted their price target on Bellway plc from GBX 2,976 ($38.63) to GBX 3,545 ($46.02) and gave the stock an “outperform” rating in a research report on Tuesday, July 11th. Deutsche Bank AG boosted their price target on Bellway plc from GBX 3,014 ($39.13) to GBX 3,023 ($39.24) and gave the stock a “hold” rating in a research report on Wednesday, May 31st. Barclays PLC boosted their price target on Bellway plc from GBX 3,201 ($41.56) to GBX 3,631 ($47.14) and gave the stock an “overweight” rating in a research report on Thursday, July 13th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 3,795 ($49.27) price target on shares of Bellway plc in a research report on Wednesday, June 14th.

TRADEMARK VIOLATION NOTICE: This story was published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/08/18/bellway-plc-bwy-given-consensus-recommendation-of-buy-by-brokerages.html.

Bellway plc (BWY) opened at 3162.00 on Friday. Bellway plc has a 12-month low of GBX 2,138.00 and a 12-month high of GBX 3,252.00. The stock’s market capitalization is GBX 3.87 billion. The company has a 50 day moving average of GBX 3,101.46 and a 200-day moving average of GBX 2,861.55.

Bellway plc Company Profile

Bellway p.l.c is a holding company of the Bellway Group of companies. The Company is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond.

Analyst Recommendations for Bellway plc (LON:BWY)

Receive News & Ratings for Bellway plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellway plc and related companies with MarketBeat.com's FREE daily email newsletter.