London: Bellway PLC (LON:BWY) Stock Has Just Had Its “Buy” Rating Reiterated by Liberum Capital. Shares now Have a GBX 3092.00 Target

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Bellway PLC (LON:BWY) Rating Reaffirmed

Recently, In analysts note published on Wednesday, 16 December, Bellway PLC (LON:BWY) shares have had their “Buy” Rating maintained by professional analysts at Liberum Capital, who currently has a GBX 3092.00 target price per share on company. This target by Liberum Capital would indicate the possibile upside of 12.05% from the last price.

From a total of 15 analysts covering Bellway PLC (LON:BWY) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 3475 while the lowest target price is GBX 1411. The mean of all analyst targets is GBX 2757.03 with a 4.49% above today’s (GBX 2761) stock price. Bellway PLC was the topic of 48 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 16 with “Buy” rating. Peel Hunt maintained shares with “Hold” rating and GBX 2890 target share price in a report from a December 11. Citigroup upgraded BWY stock in a recent report from December 14 to “Buy” rating. Numis Securities maintained the rating on December 10. Numis Securities has a “Add” rating and a GBX 2724 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on a December 14.

Approximately 101,324 shares of stock traded hands. Bellway plc (LON:BWY) has risen 21.10% since May 19, 2015 and is uptrending. It has outperformed by 23.73% the S&P500.

London: Bellway PLC (LON:BWY) Stock Has Just Had Its

Bellway p.l.c. is a United Kingdom-based holding company, owning subsidiary undertakings, which is engaged principally in housebuilding in the United Kingdom. The company has a market cap of 3.31 billion GBP. The Firm provides a range of house types, including one, two and three bedroom apartments; terraced homes; three storey homes; semi-detached homes, and three, four and five-bedroom detached homes. It has 11.97 P/E ratio. The Company’s reportable segment is UK housebuilding.

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