Bellway ShareCast News (BWY)

London midday: Markets still nervous after Cypriot bailout

Markets were rangebound on Tuesday morning, making only slight gains, with concerns about Cyprus still very much in focus following the comments made by the head of the Eurogroup yesterday.
[26 Mar '13]

Broker snap: UBS bullish on 'Help to Buy' potential for housebuilders

UBS has upgraded its ratings for both Redrow and Bovis and now has 'buy' recommendations across the whole UK housebuilding sector, saying that the government's new initiatives should be beneficial for stocks.
[26 Mar '13]

Tuesday broker round-up UPDATE

Abbey Protection: Numis downgrades to hold with its target price at 120p.
[26 Mar '13]

Bellway hikes divi as profits surge

Bellway, the house builder listed on the FTSE 250, reported a massive jump in profits in its first half, leading to a 50 per cent jump in the interim dividend.
[26 Mar '13]

Thursday broker round-up

ASOS: Citigroup takes target price from 3000p to 4000p and keeps a buy recommendation. Deutsche Bank moves target price from 2600p to 3000p, while maintaining a hold recommendation.
[21 Mar '13]

London close: Markets subdued in Budget aftermath

Markets on the whole gave a muted reaction to George Osborne's Budget Statement today, in which he warned that Britain would grow less and borrow more than originally estimated, while traders continued to digest developments elsewhere, including the Cypriot bailout and a meeting at the US Federal Reserve.
[20 Mar '13]

FTSE 250 movers: Construction and house building groups rise on Budget

Shares in Barratt Developments, Taylor Wimpey, Persimmon, Bellway, Redrow and Bovis Homes Group all charged higher on Wednesday afternoon after the Chancellor, George Osborne, said in his 2013 Budget speech that the government was launching a programme to help people get on, or move up, the property ladder.
[20 Mar '13]

Monday broker round-up UPDATE

Aquarius Platinum: Deutsche Bank shifts target price from 82p to 83p keeping a buy recommendation.
[11 Feb '13]