Bellway (LON:BWY) Rating Reiterated by JPMorgan Chase & Co.

Bellway (LON:BWY)‘s stock had its “neutral” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a report issued on Friday, MarketBeat.com reports.

Several other equities analysts have also issued reports on BWY. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 3,650 ($46.17) price target on shares of Bellway in a research note on Tuesday, June 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 3,013 ($38.11) price objective on shares of Bellway in a report on Monday, June 10th.

Bellway Stock Up 1.5 %

Bellway stock opened at GBX 2,700 ($34.15) on Friday. The firm has a market cap of £3.21 billion, a price-to-earnings ratio of 1,504.77, a PEG ratio of 60.49 and a beta of 1.43. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.50 and a current ratio of 5.78. Bellway has a 52-week low of GBX 1,903 ($24.07) and a 52-week high of GBX 2,898 ($36.66). The firm has a 50 day moving average price of GBX 2,658.07 and a two-hundred day moving average price of GBX 2,658.31.

About Bellway

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.