Taylor Wimpey plc Stock Rating Reaffirmed by Davy Research (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “outperform” rating restated by stock analysts at Davy Research in a report issued on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 158 ($2.66) price target on the stock. Davy Research’s price target indicates a potential upside of 48.64% from the company’s current price.
Shares of Taylor Wimpey plc (LON:TW) opened at 113.50 on Thursday. Taylor Wimpey plc has a 52-week low of GBX 85.71 and a 52-week high of GBX 132.70. The stock has a 50-day moving average of GBX 110.7 and a 200-day moving average of GBX 113.0. The company’s market cap is £3.642 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 plc in a research note on Thursday, May 8th. They now have a GBX 158 ($2.66) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Taylor Wimpey plc in a research note on Tuesday, May 6th. They now have a GBX 143 ($2.41) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Taylor Wimpey plc in a research note on Friday, May 2nd. They now have a GBX 140 ($2.36) price target on the stock. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 141.08 ($2.38).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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