# Bellway plc 47.2% potential upside indicated by RBC Capital Markets

- Link: https://www.directorstalkinterviews.com/bellway-plc-47.2-potential-upside-indicated-by-rbc-capital-markets/4121163329
- Published: 2024-07-01T13:16:01+01:00
- Author: Charlotte Edwards

**Bellway plc** with ticker (LON:BWY) now has a potential upside of 47.2% according
to RBC Capital Markets.
BWY.LRBC Capital Markets set a target price of 3,650 GBX
for the company, which when compared to the Bellway plc share price of 2,480 GBX
at opening today (01/07/2024) indicates a potential upside of 47.2%. Trading has
ranged between 1,903 (52 week low) and 2,898 (52 week high) with an average of 227,199
shares exchanging hands daily. The market capitalisation at the time of writing 
is £3,066,029,904.Bellway p.l.c. is a United Kingdom-based home construction company
engaged in the building and selling of homes, ranging from one-bedroom apartments
up to six-bedroom family homes, as well as providing social housing-to-housing associations.
The Company operates into approximately 21 divisions, covering centers across England,
Scotland and Wales. The Company’s brands include Bellway, Ashberry brand and Bellway
London. Bellway brand is engaged in building quality homes in selected locations
inspired by the needs of families. Ashberry brand is used on larger sites, where
the site layout and market demand justify two selling outlets. The Bellway London
brand covers all their developments in London boroughs and commuter towns. Its properties
range from one-bedroom apartments to four-bedroom houses. The Company’s subsidiaries
include Bellway Homes Limited, Bellway Housing Trust Limited, Bellway Properties
Limited, Bellway (Services) Limited and Litrose Investments Limited.

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