Bellway (LON:BWY) Stock Rating Reaffirmed by Liberum Capital

Bellway (LON:BWY)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

Other research analysts have also recently issued research reports about the company. Numis Securities reissued a “buy” rating and issued a GBX 3,980 ($52.01) price objective on shares of Bellway in a research report on Wednesday, March 27th. Peel Hunt reissued an “add” rating on shares of Bellway in a research report on Monday, June 3rd. Shore Capital cut Bellway to a “hold” rating in a research report on Tuesday, May 28th. UBS Group reissued a “buy” rating on shares of Bellway in a research report on Friday, June 7th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 3,620 ($47.30) price objective on shares of Bellway in a research report on Wednesday, April 3rd. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 3,642 ($47.59).

Shares of LON:BWY opened at GBX 2,780 ($36.33) on Tuesday. The company has a debt-to-equity ratio of 2.23, a quick ratio of 0.17 and a current ratio of 4.21. Bellway has a 12-month low of GBX 2,407 ($31.45) and a 12-month high of GBX 3,434 ($44.87). The company has a market cap of $3.42 billion and a P/E ratio of 6.35.

Bellway Company Profile

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.

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Analyst Recommendations for Bellway (LON:BWY)

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