JPMorgan Chase & Co. Reiterates “Overweight” Rating for Taylor Wimpey (TW)
Taylor Wimpey (LON:TW)‘s stock had its “overweight” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Monday, AnalystRatings.Net reports. They currently have a GBX 120 ($1.94) target price on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 23.71% from the stock’s previous close.
Taylor Wimpey (LON:TW) opened at 98.95 on Monday. Taylor Wimpey has a one year low of GBX 54.20 and a one year high of GBX 115.50. The stock’s 50-day moving average is GBX 105.7 and its 200-day moving average is GBX 97.70. The company’s market cap is £3.162 billion.
A number of other analysts have also recently weighed in on TW. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Taylor Wimpey (LON:TW) in a research note to investors on Monday, September 23rd. They now have a GBX 115.70 ($1.87) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Taylor Wimpey (LON:TW) in a research note to investors on Monday, September 2nd. They now have a GBX 108 ($1.74) price target on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. Taylor Wimpey has a consensus rating of “Buy” and an average target price of GBX 108.81 ($1.76).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.