Bellway plc (BWY) Price Target Raised to GBX 3,631

Bellway plc (LON:BWY) had its target price upped by Barclays PLC from GBX 3,201 ($41.69) to GBX 3,631 ($47.28) in a report released on Thursday, July 13th, MarketBeat Ratings reports. The firm currently has an overweight rating on the stock.

Other equities research analysts have also issued reports about the stock. Shore Capital reiterated a buy rating on shares of Bellway plc in a research note on Tuesday, March 21st. Peel Hunt reiterated a hold rating and set a GBX 2,900 ($37.77) target price on shares of Bellway plc in a research note on Tuesday, March 21st. Liberum Capital reiterated a buy rating and set a GBX 2,780 ($36.20) target price on shares of Bellway plc in a research note on Tuesday, March 21st. Numis Securities Ltd restated a buy rating and issued a GBX 3,759 ($48.95) price objective on shares of Bellway plc in a research note on Tuesday, March 21st. Finally, Deutsche Bank AG upped their price objective on Bellway plc from GBX 2,993 ($38.98) to GBX 3,014 ($39.25) and gave the stock a hold rating in a research note on Wednesday, March 22nd. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Bellway plc presently has an average rating of Buy and an average target price of GBX 3,379.25 ($44.01).

Shares of Bellway plc (LON BWY) traded up 0.51% during mid-day trading on Thursday, hitting GBX 3143.00. The stock had a trading volume of 214,743 shares. The company’s market capitalization is GBX 3.85 billion. Bellway plc has a 1-year low of GBX 2,095.00 and a 1-year high of GBX 3,252.00. The stock’s 50-day moving average price is GBX 3,084.47 and its 200 day moving average price is GBX 2,842.12.

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Bellway plc Company Profile

Bellway p.l.c is a holding company of the Bellway Group of companies. The Company is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond.

Analyst Recommendations for Bellway plc (LON:BWY)

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