Deutsche Bank Increases Taylor Wimpey Price Target to GBX 155 (TW)
Investment analysts at Deutsche Bank raised their target price on shares of Taylor Wimpey (LON:TW) from GBX 151 ($2.49) to GBX 155 ($2.55) in a note issued to investors on Thursday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 32.03% from the company’s current price.
Shares of Taylor Wimpey (LON:TW) traded down 0.34% during mid-day trading on Thursday, hitting GBX 117.40. The stock had a trading volume of 8,435,675 shares. Taylor Wimpey has a 52 week low of GBX 70.032 and a 52 week high of GBX 120.40. The stock’s 50-day moving average is GBX 110.6 and its 200-day moving average is GBX 107.2. The company’s market cap is £3.751 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Taylor Wimpey in a research note to investors on Thursday. Separately, analysts at Jefferies Group raised their price target on shares of Taylor Wimpey from GBX 132 ($2.18) to GBX 141 ($2.32) in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Taylor Wimpey in a research note to investors on Friday, January 10th. They now have a GBX 127 ($2.09) price target on the stock. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 128.46 ($2.12).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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