Bellway (OTCMKTS:BLWYY) Downgraded to “Hold” Rating by Barclays

Barclays downgraded shares of Bellway (OTCMKTS:BLWYY) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

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

Bellway Stock Performance

BLWYY stock opened at $31.12 on Tuesday. The business’s fifty day simple moving average is $31.12 and its two-hundred day simple moving average is $31.11. Bellway has a twelve month low of $45.25 and a twelve month high of $46.50.

About Bellway

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.