Shore Capital Reaffirms “Hold” Rating for Bellway (LON:BWY)

Shore Capital reiterated their hold rating on shares of Bellway (LON:BWY) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently commented on the stock. Liberum Capital reiterated a buy rating on shares of Bellway in a research note on Tuesday. Peel Hunt reiterated an add rating on shares of Bellway in a research note on Monday. UBS Group reiterated a buy rating on shares of Bellway in a research note on Friday, June 7th. Numis Securities reiterated a buy rating on shares of Bellway in a research note on Monday, June 3rd. Finally, Berenberg Bank reiterated a buy rating and set a GBX 3,620 ($47.30) price objective on shares of Bellway in a research note on Wednesday, April 3rd. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Bellway has an average rating of Buy and a consensus target price of GBX 3,642 ($47.59).

LON BWY opened at GBX 2,796 ($36.53) on Tuesday. Bellway has a 12 month low of GBX 2,407 ($31.45) and a 12 month high of GBX 3,434 ($44.87). The company has a debt-to-equity ratio of 2.23, a quick ratio of 0.17 and a current ratio of 4.21. The firm has a market cap of $3.44 billion and a price-to-earnings ratio of 6.39.

The firm also recently declared a dividend, which will be paid on Thursday, July 4th. Stockholders of record on Thursday, May 23rd will be given a GBX 50.40 ($0.66) dividend. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 1.64%. Bellway’s payout ratio is currently 0.33%.

About Bellway

Bellway p.l.c., together with its subsidiaries, engages in the house building business in the United Kingdom. It builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides social housing to housing associations. It owns and controls 37,855 plots of land.

Further Reading: P/E Growth (PEG)

Analyst Recommendations for Bellway (LON:BWY)

Receive News & Ratings for Bellway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bellway and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit