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Beaufort Securities reiterated Bellway PLC (LON:BWY) to Buy in a report released today.

Just yesterday Bellway PLC (LON:BWY) traded 6.04% higher at 2,491.50GBX. Bellway PLC’s 50-day moving average is 2,318.60GBX and its 200-day moving average is 2,323.44GBX. The last stock price is up 2.69% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 960,766 shares of BWY traded hands, up from an average trading volume of 432,409

Beaufort Securities has reiterated Bellway PLC (LON:BWY) to Buy in a report released on 10/19/2016.

Previously on Tuesday October 18, 2016, Peel Hunt released a statement about Bellway PLC (LON:BWY) held steady the target price at 2,990.00GBX. At the time, this indicated a possible upside of 0.25%.

Recent Performance Chart

Bellway PLC (LON:BWY)

With a total market value of 0 GBX, Bellway PLC has 52 week low of 1,622.00GBX and a 52 week high of 2,897.51GBX with a P/E ratio of 8.64 .

In addition to Beaufort Securities reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is 2,915.38GBX with 5 firms rating the stock a strong buy, 8 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Bellway PLC (LON:BWY)

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 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. Its reportable segment is UK housebuilding. The Company has 15 operating divisions. The Company's subsidiaries include Bellway Homes Limited, Bellway Properties Limited, Bellway (Services) Limited, Litrose Investments Limited, Bellway Financial Services Limited, Bellway Housing Trust Limited and The Victoria Dock Company Limited. The Company's owned and controlled land bank is approximately 34,060 plots. The Company operates in the UK, excluding Northern Ireland.

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