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JP Morgan Cazenove recorded Bellway PLC (LON:BWY), cutting its price target to 2,680.00GBX earlier today

Only yesterday Bellway PLC (LON:BWY) traded 0.71% lower at 2,125.00GBX. BWY’s 50-day moving average is 2,224.49GBX and its 200-day average is 2,348.65GBX. With the last stock price close down 4.75% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Trading volume was was down over the average, with 452,608 shares of BWY changing hands under the typical 539,667 shares..

Bellway PLC (LON:BWY) had its estimated target price lowered to 2,680GBX by JP Morgan Cazenove in a report announced 8/15/2016. The new target price indicates a potential upside of 0.26% from the bussiness’ most recent closing price.

Recent Performance Graph:

Bellway PLC (LON:BWY)

A total of 13 firms have reported on Bellway PLC. Five firms rate the company a strong buy, eight firms rate the stock a buy, four analyts rate the company a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the company as sell with an average target price of 2,915.38GBX

With a market cap of 0.0 GBX, Bellway PLC has a price-earnings of 8 with a 52 week low of 1,622.00GBX and a one-year high of 2,897.51GBX.

General Company Details For 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, and excluding Northern Ireland.

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