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Bellway PLC (LON:BWY) stock price target increased to 3,125.00GBX, issued a research note today by Liberum Capital

Just yesterday Bellway PLC (LON:BWY) traded -0.68% lower at 2,380.50GBX. Bellway PLC’s 50-day moving average is 2,248.42GBX and its 200-day moving average is 2,341.94GBX. The last stock price is up -0.89% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 283,348 shares of BWY traded hands, down from an average trading volume of 531,879

In a report released on 9/23/2016 Liberum Capital raised the target price of Bellway PLC (LON:BWY) from 2,259.00GBX to 3,125.00GBX indicating a possible upside of 0.31%.

Previously on Friday September 02, 2016, Deutsche Bank released a statement about Bellway PLC (LON:BWY) held steady the target price at 2,649.00GBX. At the time, this indicated a possible downside of 0.00%.

Recent Performance Chart

Bellway PLC (LON:BWY)

Bellway PLC has 52 week low of 1,622.00GBX and a 52 week high of 2,897.51GBX with a PE ratio of 8.41 and has a market capitalization of 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is 2,915.38GBX with 5 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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