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Home / Momentum / Bellway. (BWY.L) 22-01-20

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

Bellway. (BWY.L) 22-01-20

Will Bellway. (BWY.L) continue to rise?

 

  • Now trading at 4061p (at time of writing), the share price momentum has been strong.
  • Is this trend your friend?
  • Could this appeal to momentum investors?
  • Whilst the trend has been strong, remember that past patterns are not necessarily an indication of the future.
  • Be mindful of new events and the influence they can have on price action. Check regularly for updates.
  • Shares -0% from 12-month highs; +50% from 12 month lows.

Latest News

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).

27 Nov:  Liberum Capital reiterates its buy rating on Bellway (BWY) and increased the target price to 3750p (from 3500p).

22 Nov:  HSBC reiterates its buy rating on Bellway (BWY) and increased the target price to 4300p (from 4290p).

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

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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