Taylor Wimpey Given “Buy” Rating at Deutsche Bank (TW)
Taylor Wimpey (LON:TW)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Friday, AnalystRatingsNetwork reports. They currently have a GBX 115.70 ($1.87) price objective on the stock. Deutsche Bank’s price objective would indicate a potential upside of 15.58% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Taylor Wimpey (LON:TW) in a research note to investors on Friday. They now have a GBX 122 ($1.97) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Taylor Wimpey (LON:TW) in a research note to investors on Thursday. They now have a GBX 120 ($1.94) 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 Tuesday. 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 given a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 109.73 ($1.77).
Taylor Wimpey (LON:TW) traded down 0.10% on Friday, hitting GBX 100.10. 6,014,091 shares of the company’s stock traded hands. Taylor Wimpey has a 52-week low of GBX 54.40 and a 52-week high of GBX 115.50. The stock has a 50-day moving average of GBX 105.7 and a 200-day moving average of GBX 97.70. The company’s market cap is £3.199 billion.
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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