Bellway plc (LON:BWY) has earned an average rating of “Buy” from the fourteen research firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 3,657.78 ($47.80).

A number of equities analysts recently commented on BWY shares. Peel Hunt restated an “add” rating on shares of Bellway in a report on Wednesday, March 27th. UBS Group restated a “buy” rating on shares of Bellway in a report on Wednesday, January 2nd. Liberum Capital restated a “buy” rating and set a GBX 3,500 ($45.73) target price on shares of Bellway in a report on Thursday, February 7th. Shore Capital restated a “buy” rating on shares of Bellway in a report on Thursday, February 7th. Finally, Berenberg Bank decreased their target price on Bellway from GBX 3,780 ($49.39) to GBX 3,620 ($47.30) and set a “buy” rating for the company in a report on Monday, January 28th.

Shares of Bellway stock traded up GBX 16 ($0.21) during midday trading on Wednesday, reaching GBX 3,190 ($41.68). 207,484 shares of the company’s stock traded hands, compared to its average volume of 535,129. The company has a quick ratio of 0.17, a current ratio of 4.21 and a debt-to-equity ratio of 2.23. The company has a market cap of $3.92 billion and a PE ratio of 7.29. Bellway has a 12 month low of GBX 2,407 ($31.45) and a 12 month high of GBX 3,439 ($44.94).

The company also recently disclosed a dividend, which will be paid on Thursday, July 4th. Shareholders of record on Thursday, May 23rd will be issued a GBX 50.40 ($0.66) dividend. The ex-dividend date is Thursday, May 23rd. This represents a yield of 1.64%. Bellway’s dividend payout ratio (DPR) is 0.33%.

In other Bellway news, insider Jason Honeyman sold 6,281 shares of the stock in a transaction on Monday, January 21st. The stock was sold at an average price of GBX 2,932 ($38.31), for a total value of £184,158.92 ($240,636.25).

About Bellway

Bellway p.l.c., together with its subsidiaries, engages in the house building business in the United Kingdom. It builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides social housing to housing associations. It owns and controls 37,855 plots of land.

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Analyst Recommendations for Bellway (LON:BWY)

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