Bellway (BWY) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their add rating on shares of Bellway (LON:BWY) in a research report sent to investors on Tuesday. Peel Hunt currently has a GBX 3,675 ($50.77) target price on the stock.

Other research analysts have also recently issued research reports about the stock. Shore Capital reissued a hold rating on shares of Bellway in a report on Tuesday. Numis Securities raised shares of Bellway to a buy rating and set a GBX 3,980 ($54.99) target price for the company in a report on Thursday, February 8th. Liberum Capital reissued a buy rating and set a GBX 3,930 ($54.30) target price on shares of Bellway in a report on Monday, February 5th. Deutsche Bank reissued a hold rating on shares of Bellway in a report on Thursday, November 23rd. Finally, Jefferies Group reaffirmed a buy rating on shares of Bellway in a report on Monday, December 18th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 3,759.70 ($51.94).

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Bellway (BWY) opened at GBX 3,012 ($41.61) on Tuesday. Bellway has a fifty-two week low of GBX 2,654 ($36.67) and a fifty-two week high of GBX 3,805 ($52.57). The stock has a market cap of $3,750.00 and a price-to-earnings ratio of 816.26.

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About Bellway

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 (LON:BWY)

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