Jefferies Group Lowers Taylor Wimpey Price Target to GBX 135 (TW)
Equities researchers at Jefferies Group decreased their target price on shares of Taylor Wimpey (LON:TW) from GBX 141 ($2.32) to GBX 135 ($2.22) in a research report issued on Friday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 20.67% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Taylor Wimpey in a research note to investors on Friday, January 24th. They now have a GBX 155 ($2.55) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Taylor Wimpey in a research note to investors on Thursday, January 16th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 127.96 ($2.11).
Shares of Taylor Wimpey (LON:TW) opened at 111.8739 on Friday. Taylor Wimpey has a 52 week low of GBX 70.60 and a 52 week high of GBX 121.90. The stock’s 50-day moving average is GBX 112.8 and its 200-day moving average is GBX 108.1. The company’s market cap is £3.575 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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