Published On: Wed, Oct 19th, 2016

Peel Hunt Indicates Potential 20.19% Increase In Shares Of Bellway PLC


On Wednesday Peel Hunt upgraded its broker consensus on shares of Bellway PLC (LON:BWY) giving the company a ‘Add’ rating.

Peel Hunt gave shares of Bellway PLC a price target of 3000 indicating a potential increase of 20.19% from Bellway PLC’s current price of 2496.

LON:BWY


In the prior 12 months Bellway PLC’s stock price has increased by 6.76% from 2337.87 to 2496.

Bellway PLC has 122,490,000 shares in issue which have a share price of 2496 giving Bellway PLC a market capitalisation of 3.06B GBp .

The 52 week high of Bellway PLC’s shares is 2897.51 whilst the 52 week low for the company‚Äôs shares is 1622. The 50 day moving average of LON:BWY is 2321.62 and the 200 day moving average is 2322.06.