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Bellway PLC (LON:BWY) target price raised to 3,517.00GBX, issued a report today by Deutsche Bank

Yesterday Bellway PLC (LON:BWY) traded 1.26% higher at 3,780.50GBX. The company’s 50-day moving average is 3,225.92GBX and its 200-day moving average is 3,028.67GBX. The last stock close price is up 17.11% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 207,625 shares of the stock were exchanged, down from an average trading volume of 388,547

Bellway PLC (LON:BWY) had its price target upped to 3,517.00GBX by Deutsche Bank in a report released 10/18/2017. The new target price indicates a potential downside of -0.07% from the company's last stock close price.

Previously on 10/17/2017, Liberum Capital reported about Bellway PLC (LON:BWY) held steady the target price at 3,336.00GBX. At the time, this indicated a possible downside of -0.05%.

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Bellway PLC (LON:BWY)

Bellway PLC has a 52 week low of 2,235.00GBX and a 52 week high of 3,596.00GBX with a P/E ratio of 10.34 The company’s market cap is currently 0 GBX.

In addition to Deutsche Bank 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 holding company of the Bellway Group of companies. The Company is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond. It operates in 19 trading divisions in England, Scotland and Wales: Durham, East Midlands, Essex, Kent, Manchester, North East, North London, North West, Northern Home Counties, Scotland, South London, South Midlands, South West, Thames Gateway, Thames Valley, Wales, Wessex, West Midlands and Yorkshire. It also offers second-hand homes of various types, such as detached, apartment, terraced, semi-detached, town house, bungalow and penthouse. It also offers various additions covering kitchens, electrical, fire surround and fire, ceramic tiling, flooring, bathrooms and gardens, among others.

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