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Home / Momentum / Bellway. (BWY.L) 05-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Bellway. (BWY.L) 05-02-20

Bellway (BWY.L) has been in a strong uptrend. Will it continue to set new recent highs?

 

  • Priced at 4117p (at time of writing), momentum has been strong.
  • Will it come to an end, or is the trend your friend?
  • Could this be an opportunity for momentum traders?
  • Technical traders should be mindful of new developments, which can have an affect on trends.
  • Shares -0% from 12-month highs; +52% from 12 month lows.

Latest News

04 Feb:  Credit Suisse today initiates coverage of Bellway (BWY) with a outperform rating and target price of 4650p.

04 Feb:  UBS reiterates its buy rating on Bellway (BWY) and increased the target price to 4620p (from 3700p).

14 Jan:  Deutsche Bank reiterates its buy rating on Bellway (BWY) and increased the target price to 4132p (from 3538p).

13 Jan:  Peel Hunt has upgraded its rating on Bellway (BWY) to add (from hold) and increased the target price to 4330p (from 3550p).

09 Jan:  Berenberg reiterates its buy rating on Bellway (BWY) and increased the target price to 4220p (from 3560p).

07 Jan:  Canaccord Genuity reiterates its buy rating on Bellway (BWY) and increased the target price to 4260p (from 3590p).

04 Dec:  UBS reiterates its buy rating on Bellway (BWY) and increased the target price to 3700p (from 3600p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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