Home » Reports » Bellway plc 17.1% Potential Upside Indicated by JP Morgan Cazenove

Bellway plc 17.1% Potential Upside Indicated by JP Morgan Cazenove

Bellway plc with EPIC/TICKER (LON:BWY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Bellway plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set their target price at 2940 GBX on its stock. This would imply the analyst believes there is now a potential upside of 17.1% from today’s opening price of 2511 GBX. Over the last 30 and 90 trading days the company share price has decreased 149 points and decreased 1541 points respectively. The 52 week high share price is 4336 GBX while the 52 week low is 1735.5 GBX.

Bellway plc has a 50 day moving average of 2,444.38 GBX and the 200 Day Moving Average price is recorded at 3,285.98. There are currently 123,338,821 shares in issue with the average daily volume traded being 493,010. Market capitalisation for LON:BWY is £3,216,676,451 GBP.

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