Bellway plc’s (BWY) Buy Rating Reaffirmed at Canaccord Genuity
Canaccord Genuity reiterated their buy rating on shares of Bellway plc (LON:BWY) in a research note issued to investors on Tuesday morning. They currently have a GBX 2,350 ($30.67) price target on the stock.
BWY has been the topic of a number of other research reports. Shore Capital restated a hold rating on shares of Bellway plc in a research report on Thursday, June 9th. Beaufort Securities reiterated a buy rating on shares of Bellway plc in a research report on Monday, August 8th. Liberum Capital reiterated a buy rating and set a GBX 3,125 ($40.79) price target on shares of Bellway plc in a research report on Monday, October 3rd. HSBC reiterated a buy rating and set a GBX 3,840 ($50.12) price target on shares of Bellway plc in a research report on Monday, June 27th. Finally, Credit Suisse Group AG increased their price target on shares of Bellway plc from GBX 2,176 ($28.40) to GBX 2,976 ($38.85) and gave the stock an outperform rating in a research report on Friday, September 23rd. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has an average rating of Buy and a consensus target price of GBX 2,802.74 ($36.58).
Shares of Bellway plc (LON:BWY) opened at 2273.00 on Tuesday. Bellway plc has a 12 month low of GBX 1,622.00 and a 12 month high of GBX 2,897.51. The company’s market cap is GBX 2.78 billion. The firm’s 50 day moving average is GBX 2,319.81 and its 200 day moving average is GBX 2,336.89.
About Bellway plc
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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