Shore Capital Reaffirms Hold Rating for Bellway (BWY)
A number of other equities research analysts also recently weighed in on the company. Liberum Capital reaffirmed a buy rating on shares of Bellway in a research note on Tuesday, October 30th. Peel Hunt reaffirmed a buy rating on shares of Bellway in a research note on Tuesday, October 16th. Barclays lowered their price objective on Bellway from GBX 3,584 ($46.83) to GBX 3,390 ($44.30) and set an equal weight rating on the stock in a report on Wednesday, September 12th. Deutsche Bank raised Bellway to a buy rating and increased their price objective for the company from GBX 3,716 ($48.56) to GBX 3,745 ($48.94) in a report on Thursday, August 30th. Finally, Credit Suisse Group reissued an outperform rating on shares of Bellway in a report on Thursday, August 23rd. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus target price of GBX 3,888.33 ($50.81).
BWY opened at GBX 3,031 ($39.61) on Monday. Bellway has a fifty-two week low of GBX 2,654 ($34.68) and a fifty-two week high of GBX 3,805 ($49.72).
Bellway Company Profile
Bellway p.l.c., together with its subsidiaries, engages in the house building business in the United Kingdom. It builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides social housing to housing associations. It owns and controls 37,855 plots of land.
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