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Bellway plc 26.3% Potential Upside Indicated by Liberum Capital

Bellway plc using EPIC/TICKER code (LON:BWY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Liberum Capital have set a target price of 3930 GBX on its stock. This would imply the analyst believes there is now a potential upside of 26.3% from the opening price of 3112 GBX. Over the last 30 and 90 trading days the company share price has decreased 468 points and decreased 385 points respectively. The 52 week high share price is 3805 GBX while the year low share price is currently 2542 GBX.

Bellway plc has a 50 day moving average of 3,551.57 GBX and a 200 Day Moving Average share price is recorded at 3,301.15. There are currently 122,799,003 shares in issue with the average daily volume traded being 371,376. Market capitalisation for LON:BWY is £3,838,696,834 GBP.