Bellway (LON:BWY)‘s stock had its “add” rating reaffirmed by equities research analysts at Peel Hunt in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently weighed in on BWY. Liberum Capital boosted their target price on shares of from GBX 620 ($8.10) to GBX 640 ($8.36) and gave the stock a “buy” rating in a research note on Tuesday, July 9th. Shore Capital reaffirmed a “buy” rating on shares of Tesco in a research note on Tuesday, June 11th. Numis Securities reaffirmed a “buy” rating and issued a GBX 1,800 ($23.52) target price on shares of in a research note on Monday, June 3rd. Goldman Sachs Group set a $13.00 target price on shares of Ford Motor and gave the stock a “buy” rating in a research note on Thursday, June 13th. Finally, Jefferies Financial Group raised shares of SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a research note on Tuesday, June 25th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 3,642 ($47.59).
Shares of LON BWY opened at GBX 2,909 ($38.01) on Monday. Bellway has a 1-year low of GBX 2,407 ($31.45) and a 1-year high of GBX 3,233 ($42.24). The company has a market capitalization of $3.58 billion and a P/E ratio of 6.65. The company has a debt-to-equity ratio of 2.23, a quick ratio of 0.17 and a current ratio of 4.21. The business has a 50-day moving average of GBX 2,785.52.
Bellway p.l.c., together with its subsidiaries, engages in the house building business in the United Kingdom. It builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides social housing to housing associations. It owns and controls 37,855 plots of land.
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