Bellway plc 56.9% 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’ today by analysts at HSBC. Bellway plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set their target price at 4150 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 56.9% from the opening price of 2645 GBX. Over the last 30 and 90 trading days the company share price has increased 1 points and increased 511 points respectively. The 1 year high share price is 4336 GBX while the year low share price is currently 1735.5 GBX.

Bellway plc has a 50 day moving average of 2,671.39 GBX and the 200 Day Moving Average price is recorded at 3,259.29. There are currently 123,340,293 shares in issue with the average daily volume traded being 496,719. Market capitalisation for LON:BWY is £3,269,751,167 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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