Published On: Wed, Oct 19th, 2016

Bellway PLC reiterated as Buy By Citigroup


In an analyst rating update on Wednesday shares of Bellway PLC (LON:BWY) had their rating reiterated by analysts at Citigroup.

The broker said it has now set a ‘Buy’ rating on shares of Bellway PLC with a price target of 2420. The price target according to the broker shows a possible decrease of -3.04% from the current stock price of 2496.

LON:BWY


Over the last twelve months Bellway PLC’s share price has increased from 2337.87 to 2496, changing by 6.76%.

The companies 50 day moving average is 2321.62 and its 200 day moving average is 2322.06. The 52 week high Bellway PLC’s shares have peaked at is 2897.51 whilst the 52 week low for the company’s shares is 1622.

Bellway PLC has 122,490,000 shares which are currently outstanding with a price of 2496 calculating Bellway PLC’s market capitalisation to 3.06B GBp .


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