Bellway plc

Increasing price target to 2956p

  • Sectors : Construction and Housebuilding
  • Companies : Bellway plc

Ratings and price correct at time of issue.

  • Bellway plc

    Closing Price: 2848p

  • RATING 24/03/14

  • PREVIOUS RATING 10/09/13

    NEUTRAL

Person's Name

Colin Sheridan CFA

Analyst

DAVY VIEW

We have increased our Bellway price target to 2956p this morning. We retain our ‘Outperform’ rating and see further narrowing of the valuation gap to the sector (23%) in the coming year.

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Feb 12 2024, 07:15 GMT

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