Peel Hunt issued a report on Bellway PLC (LON:BWY), hiking its price target to 3,000.00GBX earlier today
- Updated: October 19, 2016
Stating a potential upside of 0.21%, Peel Hunt bumped up the target of Bellway PLC (LON:BWY) to 3,000.00GBX
On 10/18/2016, Peel Hunt released a statement for Bellway PLC (LON:BWY) maintained the target price at 2,990.00GBX that suggested an upside of 0.25%.
Showing a price of 2,480.00GBX, Bellway PLC (LON:BWY) traded 6.04% higher on the day. With the last stock price 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 period. Bellway PLC has recorded a 50-day average of 2,318.60GBX and a two hundred day average of 2,323.44GBX. Trade Volume 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 equity analysts have released a ratings update on BWY. Five equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 2,915.38GBX.
Brief Synopsis 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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