Taylor Wimpey’s “Buy” Rating Reaffirmed 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 Thursday, StockRatingsNetwork reports. They currently have a GBX 140 ($2.27) price objective on the stock. Deutsche Bank’s price objective would indicate a potential upside of 27.04% from the company’s current price.
A number of other firms have also recently commented on TW. Analysts at Liberum Capital raised their price target on shares of Taylor Wimpey from GBX 113 ($1.83) to GBX 127 ($2.05) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Taylor Wimpey in a research note to investors on Friday, October 18th. They now have a GBX 122 ($1.97) price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of GBX 112.92 ($1.83).
Shares of Taylor Wimpey (LON:TW) traded down 1.17% during mid-day trading on Thursday, hitting GBX 110.20. The stock had a trading volume of 6,062,422 shares. Taylor Wimpey has a 52-week low of GBX 56.30 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 101.. The company’s market cap is £3.521 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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