Bellway (BWY) Receives Under Review Rating from Shore Capital

Shore Capital restated their under review rating on shares of Bellway (LON:BWY) in a research note released on Tuesday.

Other equities analysts have also recently issued reports about the company. Peel Hunt reiterated a buy rating on shares of Bellway in a research note on Wednesday, October 10th. Liberum Capital reiterated a buy rating on shares of Bellway in a research note on Friday, June 22nd. Credit Suisse Group reiterated an outperform rating on shares of Bellway in a research note on Thursday, August 23rd. UBS Group reiterated a buy rating and set a GBX 4,100 ($53.57) target price on shares of Bellway in a research note on Monday, August 13th. Finally, Barclays reduced their target price on Bellway from GBX 3,584 ($46.83) to GBX 3,390 ($44.30) and set an equal weight rating for the company in a research note on Wednesday, September 12th. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. Bellway presently has a consensus rating of Buy and a consensus target price of GBX 3,916.30 ($51.17).

LON BWY opened at GBX 2,782 ($36.35) on Tuesday. Bellway has a fifty-two week low of GBX 2,654 ($34.68) and a fifty-two week high of GBX 3,805 ($49.72).

The firm also recently announced a dividend, which will be paid on Wednesday, January 9th. Stockholders of record on Thursday, November 29th will be paid a dividend of GBX 95 ($1.24) per share. This is a boost from Bellway’s previous dividend of $48.00. This represents a dividend yield of 3.27%. The ex-dividend date is Thursday, November 29th.

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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