Bellway (LON:BWY) Receives “Sector perform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of Bellway (LON:BWY) in a research note released on Wednesday, Marketbeat reports. They currently have a GBX 3,150 price target on the stock.

Several other brokerages have also commented on BWY. Jefferies Financial Group decreased their target price on shares of Bellway from GBX 3,476 to GBX 3,461 and set a “buy” rating on the stock in a research report on Monday, January 19th. Citigroup increased their price target on shares of Bellway from GBX 3,090 to GBX 3,100 and gave the company a “buy” rating in a report on Monday, December 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Bellway from GBX 3,280 to GBX 3,820 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Bellway has an average rating of “Moderate Buy” and an average target price of GBX 3,212.50.

Bellway Price Performance

Shares of LON BWY opened at GBX 1,864 on Wednesday. The business’s 50 day moving average price is GBX 2,581.99 and its 200 day moving average price is GBX 2,600.29. Bellway has a 52 week low of GBX 1,763 and a 52 week high of GBX 2,998. The company has a quick ratio of 0.50, a current ratio of 5.26 and a debt-to-equity ratio of 5.39. The firm has a market cap of £2.17 billion, a P/E ratio of 14.14, a P/E/G ratio of 3.40 and a beta of 1.22.

Bellway (LON:BWY) last announced its earnings results on Tuesday, March 24th. The company reported GBX 91.20 earnings per share (EPS) for the quarter. Bellway had a return on equity of 4.43% and a net margin of 5.46%. On average, sell-side analysts expect that Bellway will post 159.0741715 earnings per share for the current year.

More Bellway News

Here are the key news stories impacting Bellway this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its “sector perform” rating and left a high GBX 3,150 price target on Bellway, giving investors a clear upside reference and institutional support for the stock. RBC reaffirms rating
• Positive Sentiment: Investors Chronicle published a bullish take, calling Bellway shares a buying opportunity — coverage like this can attract retail buyers and momentum traders into the name. Bellway shares offer a buying opportunity
• Neutral Sentiment: Bellway reported quarterly EPS of GBX 91.20 with a net margin of 5.46% and ROE of 4.43%. Results are mixed — earnings show earnings power but margins/ROE remain modest, so the print is not a clear catalyst either way. Quarterly earnings and call
• Neutral Sentiment: A recent article about Lloyds (unrelated to Bellway) circulated the same time as Bellway coverage; it likely contributed to broader UK bank/market flow but is not directly relevant to Bellway fundamentals. Lloyds shares piece
• Negative Sentiment: Coverage noting Bellway hit a new 52‑week low raises worry about cyclical housing exposure and downside risk; such narratives can trigger profit-taking or put pressure if sentiment reverses. Bellway sets new 52-week low

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. The company was founded in 1946 and is headquartered in Newcastle upon Tyne, the United Kingdom.