Other analysts have also recently issued reports about the stock. Jefferies Group reaffirmed a buy rating and set a GBX 2,806 ($36.63) target price on shares of Bellway plc in a report on Monday, June 27th. HSBC reaffirmed a buy rating and set a GBX 3,840 ($50.12) target price on shares of Bellway plc in a report on Monday, June 27th. Beaufort Securities reaffirmed a buy rating on shares of Bellway plc in a report on Friday, June 10th. Canaccord Genuity reaffirmed a buy rating and set a GBX 3,430 ($44.77) target price on shares of Bellway plc in a report on Thursday, June 9th. Finally, Deutsche Bank AG reaffirmed a hold rating and set a GBX 2,736 ($35.71) target price on shares of Bellway plc in a report on Tuesday, June 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 2,738.83 ($35.75).
Shares of Bellway plc (LON:BWY) opened at 2373.00 on Monday. The company’s market capitalization is GBX 2.91 billion. Bellway plc has a 12-month low of GBX 1,622.00 and a 12-month high of GBX 2,897.51. The stock’s 50 day moving average is GBX 2,316.11 and its 200-day moving average is GBX 2,337.27.
Bellway plc Company Profile
Bellway p.l.c. is a United Kingdom-based holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom. The Company provides a range of house types, including one, two and three bedroom apartments; terraced homes; three storey homes; semi-detached homes, and three, four and five-bedroom detached homes.
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