Bellway (OTCMKTS:BLWYY) Stock Rating Lowered by Zacks Research

Bellway (OTCMKTS:BLWYY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,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 research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Bellway presently has an average rating of “Reduce”.

Bellway Price Performance

Shares of OTCMKTS:BLWYY opened at $31.12 on Tuesday. The firm’s 50 day moving average price is $31.12 and its 200 day moving average price is $31.11. Bellway has a fifty-two week low of $45.25 and a fifty-two week 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.