Deutsche Bank Reiterates Buy Rating for Taylor Wimpey plc (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank in a report issued on Friday, Analyst Ratings Net reports. They currently have a GBX 155 ($2.60) target price on the stock. Deutsche Bank’s price objective indicates a potential upside of 19.51% from the company’s current price.
Shares of Taylor Wimpey plc (LON:TW) opened at 129.70 on Friday. Taylor Wimpey plc has a 52-week low of GBX 77.204 and a 52-week high of GBX 130.70. The stock’s 50-day moving average is GBX 117. and its 200-day moving average is GBX 109.5. The company’s market cap is £4.144 billion.
A number of other firms have also recently commented on TW. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Taylor Wimpey plc in a research note on Monday, February 10th. They now have a GBX 119 ($1.99) price target on the stock. Separately, analysts at Barclays raised their price target on shares of Taylor Wimpey plc from GBX 146.80 ($2.46) to GBX 156.50 ($2.62) in a research note on Tuesday, February 4th. They now have an “overweight” rating on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Taylor Wimpey plc from GBX 141 ($2.36) to GBX 135 ($2.26) in a research note on Friday, January 31st. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 129.94 ($2.18).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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