Liberum Capital Reaffirms “Buy” Rating for Bellway (LON:BWY)

Liberum Capital reiterated their buy rating on shares of Bellway (LON:BWY) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently issued reports on the stock. UBS Group restated a buy rating on shares of Bellway in a research note on Friday, June 7th. Shore Capital restated a hold rating on shares of Bellway in a research note on Tuesday, June 11th. Peel Hunt restated an add rating on shares of Bellway in a research note on Monday, July 29th. Goldman Sachs Group cut shares of Bellway to a neutral rating in a research note on Thursday, June 13th. Finally, Jefferies Financial Group restated a buy rating on shares of Bellway in a research note on Tuesday, June 25th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of GBX 3,642 ($47.59).

BWY opened at GBX 2,806 ($36.67) on Thursday. The company has a quick ratio of 0.17, a current ratio of 4.21 and a debt-to-equity ratio of 2.23. The company has a market cap of $3.46 billion and a PE ratio of 6.41. The company’s 50-day moving average is GBX 2,839. 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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