Bellway plc (LON:BWY) has been given a consensus rating of “Buy” by the fifteen ratings firms that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 3,647.25 ($47.66).
Several equities research analysts have commented on BWY shares. Deutsche Bank started coverage on Bellway in a report on Wednesday, September 4th. They issued a “buy” rating and a GBX 3,538 ($46.23) target price on the stock. Shore Capital reissued a “hold” rating on shares of Bellway in a report on Thursday, August 8th. UBS Group reissued a “buy” rating on shares of Bellway in a report on Thursday, September 19th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,875 ($50.63) target price (up from GBX 3,574 ($46.70)) on shares of Bellway in a report on Friday, September 27th. Finally, Liberum Capital reissued a “buy” rating on shares of Bellway in a report on Thursday, August 8th.
Bellway stock traded up GBX 10 ($0.13) during mid-day trading on Wednesday, hitting GBX 3,239 ($42.32). The company had a trading volume of 458,129 shares, compared to its average volume of 535,129. The company has a current ratio of 4.21, a quick ratio of 0.17 and a debt-to-equity ratio of 2.23. The stock’s 50 day moving average price is GBX 3,050.84 and its two-hundred day moving average price is GBX 2,963.88. Bellway has a 12 month low of GBX 2,407 ($31.45) and a 12 month high of GBX 3,328 ($43.49). The company has a market capitalization of $3.99 billion and a PE ratio of 7.40.
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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