Bellway plc (BWY) Given “Buy” Rating at Liberum Capital

Liberum Capital restated their buy rating on shares of Bellway plc (LON:BWY) in a report published on Friday, April 21st. Liberum Capital currently has a GBX 3,032 ($39.14) price target on the stock.

BWY has been the subject of several other research reports. Canaccord Genuity boosted their price target on shares of Bellway plc from GBX 2,840 ($36.66) to GBX 3,100 ($40.02) and gave the stock a buy rating in a report on Wednesday, March 22nd. JPMorgan Chase & Co. reissued an overweight rating on shares of Bellway plc in a report on Wednesday, March 22nd. Deutsche Bank AG upped their target price on shares of Bellway plc from GBX 2,993 ($38.63) to GBX 3,014 ($38.91) and gave the stock a hold rating in a report on Wednesday, March 22nd. Beaufort Securities reaffirmed a buy rating on shares of Bellway plc in a report on Wednesday, March 22nd. Finally, Shore Capital reaffirmed a buy rating on shares of Bellway plc in a report on Tuesday, March 21st. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of Buy and an average target price of GBX 2,998.97 ($38.71).

Shares of Bellway plc (LON:BWY) traded up 0.48% during midday trading on Friday, hitting GBX 2914.00. 300,331 shares of the stock traded hands. The company’s 50-day moving average is GBX 2,832.09 and its 200 day moving average is GBX 2,611.45. The firm’s market capitalization is GBX 3.57 billion. Bellway plc has a 52 week low of GBX 1,622.00 and a 52 week high of GBX 3,001.00.

WARNING: “Bellway plc (BWY) Given “Buy” Rating at Liberum Capital” was published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.themarketsdaily.com/2017/05/20/bellway-plcs-bwy-buy-rating-reaffirmed-at-liberum-capital-updated-updated-updated.html.

The business also recently declared a dividend, which will be paid on Monday, July 3rd. Shareholders of record on Thursday, May 18th will be paid a GBX 37.50 ($0.48) dividend. The ex-dividend date is Thursday, May 18th. This represents a yield of 1.32%.

About Bellway plc

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.

12 Month Chart for LON:BWY

Receive News & Ratings for Bellway plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellway plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply