Bellway (LON:BWY) Hits New 1-Year High at $3,104.00

Bellway p.l.c. (LON:BWY)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 3,104 ($39.63) and last traded at GBX 3,100 ($39.58), with a volume of 194015 shares trading hands. The stock had previously closed at GBX 3,026 ($38.64).

Analyst Ratings Changes

Several research firms recently commented on BWY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,013 ($38.47) target price on shares of Bellway in a report on Monday, June 10th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Bellway in a report on Friday, July 5th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 3,650 ($46.60) price target on shares of Bellway in a research report on Tuesday, June 18th. Finally, Citigroup reissued a “buy” rating and issued a GBX 3,368 ($43.00) price target on shares of Bellway in a research report on Thursday.

Bellway Trading Up 2.4 %

The stock has a market capitalization of £3.68 billion, a PE ratio of 1,700.47, a PEG ratio of 3.38 and a beta of 1.46. The company has a quick ratio of 0.50, a current ratio of 5.78 and a debt-to-equity ratio of 3.78. The business’s 50-day moving average is GBX 2,703.50 and its two-hundred day moving average is GBX 2,689.23.

About Bellway

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.