Bellway p.l.c. (LON:BWY) has earned a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, reports. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 3,568.20 ($47.79).

BWY has been the subject of a number of recent analyst reports. Deutsche Bank reiterated a “hold” rating and set a GBX 3,090 ($41.38) target price on shares of Bellway in a research report on Friday, September 1st. Canaccord Genuity reiterated a “buy” rating and set a GBX 3,280 ($43.93) target price on shares of Bellway in a research report on Tuesday, October 17th. Peel Hunt increased their target price on shares of Bellway from GBX 3,435 ($46.00) to GBX 3,545 ($47.48) and gave the stock an “add” rating in a research report on Wednesday, September 27th. Barclays cut shares of Bellway to an “equal weight” rating and increased their target price for the stock from GBX 3,631 ($48.63) to GBX 3,779 ($50.61) in a research report on Monday, October 30th. Finally, Liberum Capital reiterated a “buy” rating on shares of Bellway in a research report on Tuesday, August 8th.

Shares of Bellway (LON:BWY) traded up GBX 100 ($1.34) during trading on Friday, hitting GBX 3,552 ($47.57). 584,093 shares of the company were exchanged, compared to its average volume of 613,334. Bellway has a 1-year low of GBX 2,347 ($31.43) and a 1-year high of GBX 3,805 ($50.96).

The business also recently disclosed a dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Thursday, November 30th will be given a GBX 84.50 ($1.13) dividend. This represents a yield of 2.37%. The ex-dividend date is Thursday, November 30th. This is a boost from Bellway’s previous dividend of $37.50.

In other Bellway news, insider Edward (Ted) Ayres sold 18,768 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of GBX 3,429 ($45.92), for a total value of £643,554.72 ($861,865.17).

COPYRIGHT VIOLATION NOTICE: “Bellway p.l.c. (BWY) Receives GBX 3,568.20 Average PT from Analysts” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at

About Bellway

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)

Receive News & Stock Ratings for Bellway p.l.c. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellway p.l.c. and related stocks with our FREE daily email newsletter.