Credit Suisse Group Reaffirms “Outperform” Rating for Bellway (LON:BWY)
Bellway (LON:BWY)‘s stock had its “outperform” rating reissued by analysts at Credit Suisse Group in a research note issued on Thursday, August 23rd.
BWY has been the subject of several other reports. Liberum Capital reissued a “buy” rating on shares of Bellway in a research report on Friday, June 22nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Bellway in a research report on Wednesday, June 13th. UBS Group reaffirmed a “buy” rating on shares of Bellway in a research report on Monday, July 30th. Berenberg Bank started coverage on Bellway in a research report on Wednesday, July 25th. They issued a “buy” rating and a GBX 3,760 ($48.98) price objective for the company. Finally, Peel Hunt reiterated a “buy” rating on shares of Bellway in a research note on Wednesday, August 8th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Bellway currently has a consensus rating of “Buy” and a consensus target price of GBX 3,916.30 ($51.01).
Shares of BWY stock traded up GBX 58 ($0.76) on Thursday, hitting GBX 2,997 ($39.04). 270,892 shares of the stock were exchanged, compared to its average volume of 535,129. Bellway has a fifty-two week low of GBX 2,654 ($34.57) and a fifty-two week high of GBX 3,805 ($49.56).
Bellway p.l.c., together with its subsidiaries, engages in the house building business in the United Kingdom. It builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides social housing to housing associations. It owns and controls 37,855 plots of land.
See Also: Penny Stocks, What You Need To Know
Receive News & Ratings for Bellway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellway and related companies with MarketBeat.com's FREE daily email newsletter.