Bellway (LON:BWY) Sets New 1-Year High at $3,104.00

Bellway p.l.c. (LON:BWY - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 3,104 ($40.33) and last traded at GBX 3,100 ($40.28), with a volume of 194015 shares. The stock had previously closed at GBX 3,026 ($39.32).

Analysts Set New Price Targets

Several analysts have recently weighed in on BWY shares. Royal Bank of Canada restated an "outperform" rating and set a GBX 3,650 ($47.43) price objective on shares of Bellway in a research report on Tuesday, June 18th. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Bellway in a research note on Friday, July 5th. Citigroup reaffirmed a "buy" rating and set a GBX 3,368 ($43.76) price objective on shares of Bellway in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 3,013 ($39.15) target price on shares of Bellway in a research note on Monday, June 10th.

Bellway Stock Up 2.4 %

The company has a debt-to-equity ratio of 3.78, a current ratio of 5.78 and a quick ratio of 0.50. The stock has a 50 day simple moving average of GBX 2,703.50 and a 200-day simple moving average of GBX 2,689.23. The firm has a market cap of £3.68 billion, a PE ratio of 1,722.22, a PEG ratio of 3.38 and a beta of 1.46.

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.