Citigroup Inc. Reiterates “Neutral” Rating for Taylor Wimpey (TW)
Taylor Wimpey (LON:TW)‘s stock had its “neutral” rating restated by research analysts at Citigroup Inc. in a report released on Tuesday, Analyst Ratings Net reports. They currently have a GBX 115 ($1.89) price objective on the stock. Citigroup Inc.’s price objective indicates a potential downside of 4.17% from the stock’s previous close.
Taylor Wimpey (LON:TW) opened at 120.00 on Tuesday. Taylor Wimpey has a 1-year low of GBX 70.032 and a 1-year high of GBX 120.16. The stock has a 50-day moving average of GBX 109. and a 200-day moving average of GBX 106.4. The company’s market cap is £3.834 billion.
TW has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Taylor Wimpey in a research note to investors on Monday, December 16th. They now have a GBX 151 ($2.48) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Taylor Wimpey in a research note to investors on Friday, December 6th. They now have a GBX 127 ($2.08) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Taylor Wimpey from GBX 122 ($2.00) to GBX 132 ($2.16) in a research note to investors on Friday, December 6th. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 126.81 ($2.08).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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