Bellway plc 29.7% Potential Upside Indicated by HSBC

Broker Ratings
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Bellway plc with EPIC/TICKER (LON:BWY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Bellway plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set a target price of 4300 GBX on its stock. This is indicating the analyst believes there is a potential upside of 29.7% from today’s opening price of 3316 GBX. Over the last 30 and 90 trading days the company share price has increased 56 points and increased 437 points respectively. The 52 week high for the stock is 3562 GBX while the year low stock price is currently 2407 GBX.

Bellway plc has a 50 day moving average of 3,304.64 GBX and a 200 Day Moving Average share price is recorded at 3,046.26. There are currently 123,169,004 shares in issue with the average daily volume traded being 486,770. Market capitalisation for LON:BWY is £4,091,674,312 GBP.

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    Bellway plc appoints Shane Doherty as new Chief Financial Officer, effective 2 December 2024, following his tenure as CFO of Cairn Homes PLC.

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