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Bellway plc 20.2% Potential Upside Indicated by UBS

Bellway plc using EPIC/TICKER code (LON:BWY) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. Bellway plc are listed in the Consumer Goods sector within UK Main Market. UBS have set their target price at 3600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.2% from the opening price of 2996 GBX. Over the last 30 and 90 trading days the company share price has increased 178 points and increased 388 points respectively. The 1 year high for the share price is 3441.4 GBX while the year low stock price is currently 2407 GBX.

Bellway plc has a 50 day moving average of 2,892.70 GBX and the 200 Day Moving Average price is recorded at 2,923.63. There are currently 123,131,716 shares in issue with the average daily volume traded being 334,601. Market capitalisation for LON:BWY is £3,688,399,730 GBP.