# Bellway plc 13.8% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/bellway-plc-13.8-potential-upside-indicated-by-berenberg-bank/4121176175
- Published: 2024-11-04T14:39:13+00:00
- Author: Charlotte Edwards

**Bellway plc** with ticker (LON:BWY) now has a potential upside of 13.8% according
to Berenberg Bank.
BWY.LBerenberg Bank set a target price of 3,200 GBX for the company,
which when compared to the Bellway plc share price of 2,812 GBX at opening today(
04/11/2024) indicates a potential upside of 13.8%. Trading has ranged between 2,128(
52 week low) and 3,384 (52 week high) with an average of 358,829 shares exchanging
hands daily. The market capitalisation at the time of writing is £3,310,510,770.
Bellway p.l.c. is a United Kingdom-based home construction company engaged in the
building and selling of homes, ranging from one-bedroom apartments up to six-bedroom
family homes, as well as providing social housing-to-housing associations. The Company
operates into approximately 21 divisions, covering centers across England, Scotland
and Wales. The Company’s brands include Bellway, Ashberry brand and Bellway London.
Bellway brand is engaged in building quality homes in selected locations inspired
by the needs of families. Ashberry brand is used on larger sites, where the site
layout and market demand justify two selling outlets. The Bellway London brand covers
all their developments in London boroughs and commuter towns. Its properties range
from one-bedroom apartments to four-bedroom houses. The Company’s subsidiaries include
Bellway Homes Limited, Bellway Housing Trust Limited, Bellway Properties Limited,
Bellway (Services) Limited and Litrose Investments Limited.

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