Bellway (LON:BWY) Hits New 52-Week High at $3,202.00

Bellway p.l.c. (LON:BWY)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 3,202 ($42.30) and last traded at GBX 3,142 ($41.51), with a volume of 1654 shares trading hands. The stock had previously closed at GBX 3,134 ($41.40).

Analyst Ratings Changes

BWY has been the topic of several research reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Bellway in a research note on Friday, July 5th. Royal Bank of Canada restated an “outperform” rating and set a GBX 3,650 ($48.22) price objective on shares of Bellway in a research note on Tuesday, June 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 3,013 ($39.80) target price on shares of Bellway in a research note on Monday, June 10th. Finally, Citigroup reissued a “buy” rating and set a GBX 3,368 ($44.49) target price on shares of Bellway in a report on Thursday, August 15th.

Bellway Trading Up 0.7 %

The firm has a market cap of £3.74 billion, a P/E ratio of 1,741.11, a P/E/G ratio of 3.54 and a beta of 1.46. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.50 and a current ratio of 5.78. The firm has a fifty day moving average of GBX 2,890.08 and a 200-day moving average of GBX 2,732.78.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.