UBS Group reissued their buy rating on shares of Bellway (LON:BWY) in a report released on Thursday, ThisIsMoney.Co.Uk reports.
BWY has been the subject of a number of other reports. Liberum Capital restated a buy rating on shares of Bellway in a report on Thursday, August 8th. Numis Securities restated a buy rating on shares of Bellway in a report on Monday, June 3rd. Berenberg Bank restated a buy rating and issued a GBX 3,790 ($49.52) price objective (up from GBX 3,620 ($47.30)) on shares of Bellway in a report on Thursday, August 29th. Jefferies Financial Group restated a buy rating on shares of Bellway in a report on Tuesday, June 25th. Finally, Shore Capital restated a hold rating on shares of Bellway in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 3,638.30 ($47.54).
LON BWY opened at GBX 3,291 ($43.00) on Thursday. The company has a market capitalization of $4.05 billion and a price-to-earnings ratio of 7.52. Bellway has a twelve month low of GBX 2,407 ($31.45) and a twelve month high of GBX 3,301 ($43.13). The stock has a fifty day simple moving average of GBX 2,952.40 and a 200 day simple moving average of GBX 2,946.86. The company has a quick ratio of 0.17, a current ratio of 4.21 and a debt-to-equity ratio of 2.23.
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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