Bellway plc (LON:BWY) had its price target upped by investment analysts at Barclays PLC from GBX 3,201 ($41.46) to GBX 3,631 ($47.03) in a research note issued to investors on Thursday. The firm presently has an “overweight” rating on the stock. Barclays PLC’s price target suggests a potential upside of 20.83% from the stock’s current price.

Several other analysts have also recently issued reports on the company. Jefferies Group LLC upped their price objective on Bellway plc from GBX 2,857 ($37.01) to GBX 3,447 ($44.65) and gave the stock a “buy” rating in a report on Tuesday, April 18th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 3,014 ($39.04) price objective on shares of Bellway plc in a report on Thursday, May 4th. Peel Hunt raised Bellway plc to an “add” rating and upped their price objective for the stock from GBX 2,925 ($37.89) to GBX 3,145 ($40.74) in a report on Wednesday, April 26th. Beaufort Securities reaffirmed a “buy” rating on shares of Bellway plc in a report on Thursday, June 15th. Finally, J P Morgan Chase & Co upped their price objective on Bellway plc from GBX 2,950 ($38.21) to GBX 3,300 ($42.75) and gave the stock an “overweight” rating in a report on Thursday, April 6th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 3,353.92 ($43.44).

Bellway plc (BWY) opened at 3008.00 on Thursday. Bellway plc has a 12 month low of GBX 1,903.00 and a 12 month high of GBX 3,087.00. The stock’s market cap is GBX 3.68 billion. The company’s 50-day moving average price is GBX 2,906.56 and its 200-day moving average price is GBX 2,711.24.

TRADEMARK VIOLATION NOTICE: “Barclays PLC Increases Bellway plc (BWY) Price Target to GBX 3,631” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at

About Bellway plc

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 & Stock 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 stocks with our FREE daily email newsletter.