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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

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