Analysts Set Bellway plc (LON:BWY) Price Target at $2,738.83
Shares of Bellway plc (LON:BWY) have received a consensus recommendation of “Buy” from the seventeen analysts that are currently covering the stock. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,738.83 ($35.75).
BWY has been the topic of several analyst reports. Beaufort Securities reiterated a “buy” rating on shares of Bellway plc in a report on Friday, June 10th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 3,500 ($45.69) price target on shares of Bellway plc in a report on Monday, August 8th. Davy Research reiterated an “outperform” rating on shares of Bellway plc in a report on Friday, August 5th. Canaccord Genuity reiterated a “buy” rating and set a GBX 2,350 ($30.67) price target on shares of Bellway plc in a report on Tuesday. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 2,990 ($39.03) price target on shares of Bellway plc in a report on Friday, August 5th.
Shares of Bellway plc (LON:BWY) opened at 2378.00 on Monday. The company’s market capitalization is GBX 2.91 billion. Bellway plc has a 12-month low of GBX 1,622.00 and a 12-month high of GBX 2,897.51. The stock has a 50 day moving average of GBX 2,311.51 and a 200-day moving average of GBX 2,337.20.
About Bellway plc
Bellway p.l.c. is a United Kingdom-based holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom. The Company provides a range of house types, including one, two and three bedroom apartments; terraced homes; three storey homes; semi-detached homes, and three, four and five-bedroom detached homes.
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