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Bellway plc 19% Potential Upside Indicated by Jefferies International

Bellway plc using EPIC/TICKER code (LON:BWY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Jefferies International. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set a target price of 3875 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.0% from today’s opening price of 3255 GBX. Over the last 30 and 90 trading days the company share price has increased 430 points and increased 445 points respectively. The 1 year high stock price is 3396.65 GBX while the year low stock price is currently 2407 GBX.

Bellway plc has a 50 day moving average of 3,011.28 GBX and a 200 day moving average of 2,944.03. There are currently 123,168,078 shares in issue with the average daily volume traded being 315,854. Market capitalisation for LON:BWY is £4,083,021,785 GBP.