Brokerages Set Bellway (BWY) Price Target at $3,736.00
Bellway (LON:BWY) has received an average rating of “Buy” from the thirteen brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 3,736 ($52.11).
Several research firms have recently weighed in on BWY. Liberum Capital restated a “buy” rating and issued a GBX 3,930 ($54.81) target price on shares of Bellway in a research report on Monday, February 5th. JPMorgan Chase restated an “overweight” rating and issued a GBX 4,100 ($57.18) target price on shares of Bellway in a research report on Wednesday, March 21st. Peel Hunt upgraded Bellway to a “buy” rating and raised their target price for the company from GBX 3,675 ($51.26) to GBX 3,810 ($53.14) in a research report on Thursday, April 19th. Shore Capital restated a “hold” rating on shares of Bellway in a research report on Monday, March 26th. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 4,010 ($55.93) target price on shares of Bellway in a research report on Tuesday, March 20th.
LON BWY opened at GBX 3,313 ($46.21) on Wednesday. Bellway has a 1-year low of GBX 2,654 ($37.02) and a 1-year high of GBX 3,805 ($53.07).
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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