Bellway p.l.c. (LON:BWY) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Consensus "Hold": Seven analysts cover Bellway with a consensus rating of Hold (four holds, three buys) and an average 12‑month price target of GBX 3,025.
• Shares are trading around GBX 1,799, near the 52‑week low (GBX 1,763) and well below analyst targets—including JPMorgan’s raised target of GBX 3,820—suggesting significant upside if forecasts hold.
• Recent fundamentals show quarterly EPS of GBX 91.20, a net margin of 5.46% and ROE of 4.43%, with analysts projecting about GBX 159.07 EPS for the current year.

Shares of Bellway p.l.c. (LON:BWY - Get Free Report) have received an average recommendation of "Hold" from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 3,025.

A number of equities research analysts recently commented on BWY shares. Citigroup upped their price objective on Bellway from GBX 3,090 to GBX 3,100 and gave the company a "buy" rating in a report on Monday, December 8th. Stifel Nicolaus lowered their price target on Bellway from GBX 2,280 to GBX 1,900 and set a "hold" rating for the company in a research note on Thursday. Jefferies Financial Group decreased their price objective on shares of Bellway from GBX 3,476 to GBX 3,461 and set a "buy" rating for the company in a report on Monday, January 19th. JPMorgan Chase & Co. increased their target price on shares of Bellway from GBX 3,280 to GBX 3,820 and gave the stock an "overweight" rating in a report on Thursday, December 4th. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 3,150 price objective on shares of Bellway in a research report on Wednesday.

Bellway Trading Down 2.2%

BWY opened at GBX 1,799 on Friday. The firm has a 50 day simple moving average of GBX 2,546.14 and a 200 day simple moving average of GBX 2,593.50. Bellway has a fifty-two week low of GBX 1,763 and a fifty-two week high of GBX 2,998. The company has a market cap of £2.10 billion, a price-to-earnings ratio of 13.65, a price-to-earnings-growth ratio of 3.40 and a beta of 1.22. The company has a debt-to-equity ratio of 5.39, a current ratio of 5.26 and a quick ratio of 0.50.

Bellway (LON:BWY - Get Free Report) last announced its quarterly earnings data on Tuesday, March 24th. The company reported GBX 91.20 earnings per share (EPS) for the quarter. Bellway had a net margin of 5.46% and a return on equity of 4.43%. On average, sell-side analysts anticipate that Bellway will post 159.0741715 earnings per share for the current year.

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. The company was founded in 1946 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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