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Bellway plc 14.2% Potential Upside Indicated by Credit Suisse

Bellway plc with EPIC/TICKER (LON:BWY) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set a target price of 4650 GBX on its stock. This indicates the analyst now believes there is a potential upside of 14.2% from today’s opening price of 4073 GBX. Over the last 30 and 90 trading days the company share price has increased 248 points and increased 884 points respectively. The 1 year high share price is 4150 GBX while the 52 week low for the stock is 2656 GBX.

Bellway plc has a 50 day moving average of 3,798.34 GBX and a 200 day moving average of 3,226.70. There are currently 123,194,302 shares in issue with the average daily volume traded being 331,908. Market capitalisation for LON:BWY is £4,975,817,857 GBP.

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