Taylor Wimpey plc’s Buy Rating Reaffirmed at Deutsche Bank (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a GBX 165 ($2.78) target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 50.14% from the stock’s previous close.
TW has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Taylor Wimpey plc in a research note on Friday, May 23rd. They now have a GBX 173 ($2.91) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Taylor Wimpey plc in a research note on Friday, May 16th. Finally, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Taylor Wimpey plc in a research note on Thursday, May 15th. They now have a GBX 178 ($3.00) price target on the stock. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Taylor Wimpey plc has a consensus rating of “Buy” and an average target price of GBX 143.75 ($2.42).
Shares of Taylor Wimpey plc (LON:TW) traded up 0.85% during mid-day trading on Wednesday, hitting GBX 110.835. 6,938,694 shares of the company’s stock traded hands. 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 108.4 and a 200-day moving average of GBX 112.9. The company’s market cap is £3.557 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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