Deutsche Bank covered Bellway PLC (LON:BWY), bumping its price target to 2,702.00GBX earlier today
- Updated: October 18, 2016
Stating a potential upside of 0.08%, Deutsche Bank upped the price target of Bellway PLC (LON:BWY) to 2,702.00GBX
On 10/18/2016, Peel Hunt released a statement on Bellway PLC (LON:BWY) maintained the target price at 2,990.00GBX that suggested an upside of 0.25%.
Having a price of 2,491.50GBX, Bellway PLC (LON:BWY) traded 6.04% higher on the day. With the last close up 2.69% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Bellway PLC has recorded a 50-day average of 2,318.60GBX and a two hundred day average of 2,323.44GBX. Volume of trade was up over the average, with 960,766 shares of BWY changing hands over the typical 432,409
With a total market value of 0 GBX, Bellway PLC has price-earnings ratio of 8.64 with a one year low of 1,622.00GBX and a one year high of 2,897.51GBX .
A total of 13 analysts have released a research note on Bellway PLC. Five analysts rating the company a strong buy, eight analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 2,915.38GBX.
More 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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