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Bellway plc 24.1% Potential Upside Indicated by Berenberg

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 Berenberg. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set their target price at 3620 GBX on its stock. This now indicates the analyst believes there is a possible upside of 24.1% from the opening price of 2916 GBX. Over the last 30 and 90 trading days the company share price has increased 401 points and increased 140 points respectively. The 52 week high for the stock is 3521 GBX while the year low share price is currently 2407 GBX.

Bellway plc has a 50 day moving average of 2,722.70 GBX and a 200 day moving average of 2,989.99. There are currently 123,043,024 shares in issue with the average daily volume traded being 363,110. Market capitalisation for LON:BWY is £3,548,560,812 GBP.