Davy Research Reiterates “Outperform” Rating for Taylor Wimpey plc (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “outperform” rating reaffirmed by analysts at Davy Research in a research report issued to clients and investors on Wednesday, StockRatingsNetwork reports.
TW has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Taylor Wimpey plc in a research note on Wednesday. They now have a GBX 112 ($1.86) price target on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Taylor Wimpey plc in a research note on Monday. They now have a GBX 148 ($2.46) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Taylor Wimpey plc in a research note on Monday. They now have a GBX 166 ($2.76) price target on the stock. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Taylor Wimpey plc has an average rating of “Buy” and an average target price of GBX 132.50 ($2.20).
Shares of Taylor Wimpey plc (LON:TW) traded down 5.55% during mid-day trading on Wednesday, hitting GBX 120.80. The stock had a trading volume of 12,261,810 shares. Taylor Wimpey plc has a one year low of GBX 77.204 and a one year high of GBX 131.00. The stock’s 50-day moving average is GBX 118. and its 200-day moving average is GBX 109.7. The company’s market cap is £3.860 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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