Bellway (OTCMKTS:BLWYY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research lowered shares of Bellway (OTCMKTS:BLWYY) from a hold rating to a strong sell rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Separately, Barclays cut shares of Bellway from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Bellway currently has a consensus rating of “Reduce”.

Bellway Price Performance

Shares of BLWYY opened at $31.12 on Tuesday. Bellway has a 12 month low of $45.25 and a 12 month high of $46.50. The firm’s 50 day moving average is $31.12 and its 200-day moving average is $31.11.

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.