Bellway p.l.c. (LON:BWY) Receives Consensus Rating of “Hold” from Analysts

Shares of Bellway p.l.c. (LON:BWY) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 3,025.

A number of equities analysts have weighed in on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 3,150 price target on shares of Bellway in a research report on Wednesday. Citigroup lifted their target price on Bellway from GBX 3,090 to GBX 3,100 and gave the stock a “buy” rating in a research note on Monday, December 8th. JPMorgan Chase & Co. boosted their target price on Bellway from GBX 3,280 to GBX 3,820 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Jefferies Financial Group dropped their price target on Bellway from GBX 3,476 to GBX 3,461 and set a “buy” rating on the stock in a research note on Monday, January 19th. Finally, Stifel Nicolaus cut their price target on Bellway from GBX 2,280 to GBX 1,900 and set a “hold” rating for the company in a report on Thursday.

Bellway Stock Performance

Shares of BWY stock opened at GBX 1,799 on Friday. The stock has a market cap of £2.10 billion, a P/E ratio of 13.65, a P/E/G ratio of 3.40 and a beta of 1.22. The company has a fifty day moving average price of GBX 2,546.14 and a two-hundred day moving average price of GBX 2,593.50. Bellway has a one year low of GBX 1,763 and a one year high of GBX 2,998. The company has a debt-to-equity ratio of 5.39, a current ratio of 5.26 and a quick ratio of 0.50.

Bellway (LON:BWY) last issued its earnings results on Tuesday, March 24th. The company reported GBX 91.20 earnings per share (EPS) for the quarter. Bellway had a net margin of 5.46% and a return on equity of 4.43%. As a group, equities analysts predict that Bellway will post 159.0741715 EPS for the current year.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands. The company was founded in 1946 and is headquartered in Newcastle upon Tyne, the United Kingdom.