Bellway (LON:BWY) Earns “Add” Rating from Peel Hunt

Peel Hunt restated their add rating on shares of Bellway (LON:BWY) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently issued reports on BWY. Liberum Capital reissued a buy rating on shares of Bellway in a report on Tuesday, June 11th. Canaccord Genuity cut Cronos Group from a hold rating to a sell rating and set a C$17.00 price objective on the stock. in a report on Wednesday, March 27th. UBS Group reissued a buy rating on shares of Fortis in a report on Friday, June 7th. Berenberg Bank reissued a buy rating and set a GBX 3,620 ($47.30) price objective on shares of Bellway in a report on Wednesday, April 3rd. Finally, HSBC reissued a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 26th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of GBX 3,642 ($47.59).

Shares of BWY opened at GBX 2,820 ($36.85) on Tuesday. The business’s 50-day moving average is GBX 2,766.32. The stock has a market cap of $3.40 billion and a PE ratio of 6.44. The company has a debt-to-equity ratio of 2.23, a current ratio of 4.21 and a quick ratio of 0.17. Bellway has a 52-week low of GBX 2,407 ($31.45) and a 52-week high of GBX 3,233 ($42.24).

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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