Bellway (LON:BWY) PT Raised to GBX 2,790 at JPMorgan Chase & Co.

Bellway (LON:BWY) had its price target upped by analysts at JPMorgan Chase & Co. from GBX 2,780 ($35.40) to GBX 2,790 ($35.53) in a research note issued to investors on Monday, Digital Look reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 6.41% from the stock’s previous close.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 3,013 ($38.37) price target on shares of Bellway in a research report on Monday, June 10th.

Bellway Price Performance

LON BWY opened at GBX 2,622 ($33.39) on Monday. The company has a 50 day simple moving average of GBX 2,640.93 and a 200-day simple moving average of GBX 2,648.04. 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 firm has a market capitalization of £3.12 billion, a price-to-earnings ratio of 1,462.22, a price-to-earnings-growth ratio of 60.49 and a beta of 1.43. Bellway has a 52-week low of GBX 1,903 ($24.23) and a 52-week high of GBX 2,898 ($36.90).

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.