Other research analysts also recently issued research reports about the company. Numis Securities reissued an add rating and issued a GBX 3,980 ($54.99) price target on shares of Bellway in a report on Thursday, February 1st. Peel Hunt reissued an add rating and issued a GBX 3,675 ($50.77) price target on shares of Bellway in a report on Thursday, February 8th. Jefferies Group restated a buy rating on shares of Bellway in a research note on Monday, December 18th. Barclays cut their price objective on Bellway from GBX 3,779 ($52.21) to GBX 3,584 ($49.52) and set an equal weight rating on the stock in a research note on Monday, February 5th. Finally, Shore Capital restated a hold rating on shares of Bellway in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of GBX 3,759.70 ($51.94).
Bellway (LON:BWY) opened at GBX 3,012 ($41.61) on Tuesday. The company has a market capitalization of $3,750.00 and a PE ratio of 816.26. Bellway has a 1-year low of GBX 2,654 ($36.67) and a 1-year high of GBX 3,805 ($52.57).
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.
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