Bellway plc 25.5% Potential Upside Indicated by Citigroup

Broker Ratings

Bellway plc with EPIC/TICKER (LON:BWY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Citigroup have set their target price at 3535 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 25.5% from the opening price of 2817 GBX. Over the last 30 and 90 trading days the company share price has increased 236 points and decreased 262 points respectively. The 1 year high for the stock price is 4336 GBX while the year low share price is currently 1735.5 GBX.

Bellway plc has a 50 day moving average of 2,598.50 GBX and a 200 Day Moving Average share price is recorded at 3,278.16. There are currently 123,340,293 shares in issue with the average daily volume traded being 469,425. Market capitalisation for LON:BWY is £3,476,962,859 GBP.

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