Bellway (BWY.L) Shares Are Soaring : Should You Consider Buying ?

Bellway is not the largest company, but it has attracted a lot of attention due to the significant price movement on the LSE over the past few months, which at some point increased to 37.12 GBP and fell to a minimum of 32.40 GBP. Some fluctuations in share prices may give investors a better opportunity to enter the stock and possibly buy it at a lower price…According to our valuation model, the Bellway seems fair at a price about 15.41% higher than my intrinsic value, which means that if you buy a Bellway today, you will pay a relatively reasonable price for it. And if you believe that the true value of the company is 28.60 pounds, then there is really no room for the share price to grow beyond what it is currently trading.

Since the Bellway stock price is quite volatile, we can potentially see it fall (or rise) in the future, which will give us one more chance to buy. This is based on its high beta, which is a good indicator of how much the stock is moving relative to the rest of the market.

Want Hot Stocks?    Yes. I Love Them No thanks