Canaccord Genuity reiterated their buy rating on shares of Bellway plc (LON:BWY) in a research report report published on Tuesday, October 17th. They currently have a GBX 3,280 ($43.14) target price on the stock.
BWY has been the subject of a number of other research reports. Deutsche Bank AG reissued a hold rating and set a GBX 3,090 ($40.64) price target on shares of Bellway plc in a research report on Friday, September 1st. Citigroup Inc. reissued a buy rating on shares of Bellway plc in a research report on Friday, October 13th. Liberum Capital reissued a buy rating on shares of Bellway plc in a research report on Tuesday, August 8th. Peel Hunt upped their price objective on shares of Bellway plc from GBX 3,435 ($45.18) to GBX 3,545 ($46.63) and gave the stock an add rating in a report on Wednesday, September 27th. Finally, Jefferies Group LLC upped their price objective on shares of Bellway plc from GBX 3,447 ($45.34) to GBX 3,934 ($51.74) and gave the stock a buy rating in a report on Monday, June 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of GBX 3,478.25 ($45.75).
Bellway plc (LON:BWY) traded up GBX 18 ($0.24) during trading on Tuesday, reaching GBX 3,668 ($48.24). 501,847 shares of the company were exchanged, compared to its average volume of 509,307. Bellway plc has a twelve month low of GBX 2,251 ($29.61) and a twelve month high of GBX 3,805 ($50.05).
ILLEGAL ACTIVITY WARNING: This piece was originally published by BBNS and is the property of of BBNS. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/canaccord-genuity-reaffirms-buy-rating-for-bellway-plc-bwy/1721373.html.
The company also recently disclosed a dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Thursday, November 30th will be paid a dividend of GBX 84.50 ($1.11) per share. This represents a yield of 2.37%. This is a positive change from Bellway plc’s previous dividend of $37.50. The ex-dividend date is Thursday, November 30th.
About Bellway plc
Bellway p.l.c is a holding company of the Bellway Group of companies. The Company is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond.
Receive News & Ratings for Bellway plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellway plc and related companies with our FREE daily email newsletter.