Bellway p.l.c. (LON:BWY) has earned a consensus rating of “Buy” from the fourteen analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 3,568.20 ($46.93).

BWY has been the subject of a number of research analyst reports. Peel Hunt boosted their price target on Bellway from GBX 3,435 ($45.18) to GBX 3,545 ($46.63) and gave the stock an “add” rating in a report on Wednesday, September 27th. Canaccord Genuity reissued a “buy” rating and set a GBX 3,280 ($43.14) price target on shares of Bellway in a report on Tuesday, October 17th. Liberum Capital reissued a “buy” rating and set a GBX 3,336 ($43.88) price target on shares of Bellway in a report on Tuesday, October 17th. Citigroup Inc. reissued a “buy” rating on shares of Bellway in a report on Friday, October 13th. Finally, Barclays PLC cut Bellway to an “equal weight” rating and boosted their price target for the stock from GBX 3,631 ($47.76) to GBX 3,779 ($49.70) in a report on Monday, October 30th.

In other Bellway news, insider Edward (Ted) Ayres sold 18,768 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of GBX 3,429 ($45.10), for a total value of £643,554.72 ($846,448.40).

Bellway (LON BWY) traded down GBX 66 ($0.87) during trading on Friday, hitting GBX 3,474 ($45.69). The stock had a trading volume of 442,837 shares, compared to its average volume of 615,213. Bellway has a 12 month low of GBX 2,347 ($30.87) and a 12 month high of GBX 3,805 ($50.05).

The business also recently declared a dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Thursday, November 30th will be given a GBX 84.50 ($1.11) dividend. This represents a dividend yield of 2.37%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from Bellway’s previous dividend of $37.50.

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Bellway Company Profile

Bellway p.l.c is a holding company of the Bellway Group of companies. The Company is engaged in the building and selling of homes, ranging from one-bedroom apartments up to five-bedroom family homes, as well as providing social housing-to-housing associations. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond.

Analyst Recommendations for Bellway (LON:BWY)

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