Bellway (OTCMKTS:BLWYY) Stock Rating Lowered by Barclays

Bellway (OTCMKTS:BLWYY) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Zacks Research upgraded shares of Bellway from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Bellway Stock Performance

BLWYY stock opened at $31.12 on Tuesday. The firm has a 50 day simple moving average of $31.12 and a 200 day simple moving average of $31.11. Bellway has a 52 week low of $45.25 and a 52 week high of $46.50.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway and Ashberry brands. Bellway p.l.c. was incorporated in 1978 and is headquartered in Newcastle upon Tyne, the United Kingdom.