Bellway (LON:BWY) Earns Add Rating from Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Bellway (LON:BWY) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently issued reports on the stock. Jefferies Financial Group reissued a buy rating on shares of Bellway in a research report on Tuesday, June 25th. Numis Securities reissued a buy rating on shares of Bellway in a research report on Monday, June 3rd. Liberum Capital reissued a buy rating on shares of Bellway in a research report on Thursday, August 8th. UBS Group reissued a buy rating on shares of Bellway in a research report on Thursday, August 8th. Finally, Shore Capital reissued a hold rating on shares of Bellway in a research report on Thursday, August 8th. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of GBX 3,642 ($47.59).

Shares of BWY stock opened at GBX 2,889 ($37.75) on Tuesday. The firm has a fifty day moving average of GBX 2,856.10 and a 200-day moving average of GBX 2,921.98. The company has a quick ratio of 0.17, a current ratio of 4.21 and a debt-to-equity ratio of 2.23. Bellway has a 12-month low of GBX 2,407 ($31.45) and a 12-month high of GBX 3,233 ($42.24). The company has a market capitalization of $3.56 billion and a price-to-earnings ratio of 6.60.

Bellway Company Profile

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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