Bellway (LON:BWY) had its price objective upped by Deutsche Bank from GBX 3,517 ($47.10) to GBX 3,716 ($49.77) in a research note issued to investors on Thursday. Deutsche Bank currently has a hold rating on the stock.
Other equities analysts also recently issued reports about the stock. Shore Capital reaffirmed a hold rating on shares of Bellway in a research note on Tuesday, October 17th. Credit Suisse Group reiterated an outperform rating and set a GBX 4,168 ($55.82) price target on shares of Bellway in a research report on Thursday, October 26th. Barclays reiterated an overweight rating and set a GBX 3,631 ($48.63) price target on shares of Bellway in a research report on Wednesday, September 27th. Bank of America reiterated an underperform rating and set a GBX 2,500 ($33.48) price target on shares of Bellway in a research report on Tuesday, September 12th. Finally, Citigroup reiterated a buy rating on shares of Bellway in a research report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of GBX 3,494.83 ($46.80).
Bellway (BWY) opened at GBX 3,480 ($46.61) on Thursday. Bellway has a 12 month low of GBX 2,366 ($31.69) and a 12 month high of GBX 3,805 ($50.96).
In other news, insider Edward (Ted) Ayres sold 18,768 shares of Bellway stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of GBX 3,429 ($45.92), for a total transaction of £643,554.72 ($861,865.17).
ILLEGAL ACTIVITY WARNING: “Bellway (BWY) Price Target Raised to GBX 3,716” was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://www.com-unik.info/2017/12/04/bellway-bwy-price-target-raised-to-gbx-3716.html.
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.
What are top analysts saying about Bellway p.l.c.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Bellway p.l.c. and related companies.