Bellway plc 42.9% Potential Upside Indicated by Credit Suisse

Broker Ratings

Bellway plc using EPIC/TICKER code (LON:BWY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Bellway plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 3768 GBX on its stock. This is indicating the analyst believes there is a potential upside of 42.9% from the opening price of 2637 GBX. Over the last 30 and 90 trading days the company share price has increased 352 points and decreased 1462 points respectively. The 1 year high for the share price is 4336 GBX while the 52 week low is 1735.5 GBX.

Bellway plc has a 50 day moving average of 2,711.82 GBX and a 200 day moving average of 3,300.17. There are currently 123,338,821 shares in issue with the average daily volume traded being 671,119. Market capitalisation for LON:BWY is £3,270,945,532 GBP.

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