Peel Hunt Reiterates “Buy” Rating for Bellway (BWY)

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Bellway (LON:BWY)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a report issued on Wednesday.

BWY has been the topic of several other research reports. Liberum Capital restated a “buy” rating and issued a GBX 4,080 ($52.82) target price on shares of Bellway in a research note on Friday, May 25th. Berenberg Bank started coverage on shares of Bellway in a research note on Wednesday, July 25th. They issued a “buy” rating and a GBX 3,760 ($48.67) target price on the stock. Shore Capital restated a “hold” rating on shares of Bellway in a research note on Tuesday, June 12th. UBS Group reaffirmed a “buy” rating on shares of Bellway in a report on Monday, July 30th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Bellway in a report on Wednesday, June 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 3,772.80 ($48.84).

Shares of LON:BWY opened at GBX 2,874 ($37.20) on Wednesday. Bellway has a 52 week low of GBX 2,654 ($34.36) and a 52 week high of GBX 3,805 ($49.26).

About Bellway

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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Analyst Recommendations for Bellway (LON:BWY)

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