Home » Reports » Broker Ratings » Bellway plc 29.7% Potential Upside Indicated by JP Morgan Cazenove

Bellway plc 29.7% Potential Upside Indicated by JP Morgan Cazenove

Bellway plc with EPIC/TICKER (LON:BWY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Bellway plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set their target price at 3900 GBX on its stock. This is indicating the analyst believes there is a potential upside of 29.7% from today’s opening price of 3008 GBX. Over the last 30 and 90 trading days the company share price has increased 165 points and increased 525 points respectively. The 1 year high share price is 3441.4 GBX while the 52 week low for the stock is 2407 GBX.

Bellway plc has a 50 day moving average of 2,945.74 GBX and a 200 Day Moving Average share price is recorded at 2,914.60. There are currently 123,131,716 shares in issue with the average daily volume traded being 316,201. Market capitalisation for LON:BWY is £3,668,093,819 GBP.