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 Tuesday. They currently have a GBX 165 ($2.81) price objective on the stock. Deutsche Bank’s price target suggests a potential upside of 56.40% from the stock’s previous close.
Shares of Taylor Wimpey plc (LON:TW) traded down 1.03% during mid-day trading on Tuesday, hitting GBX 105.50. 12,988,849 shares of the company’s stock traded hands. Taylor Wimpey plc has a 52-week low of GBX 91.226 and a 52-week high of GBX 132.70. The stock’s 50-day moving average is GBX 108.5 and its 200-day moving average is GBX 113.1. The company’s market cap is £3.385 billion.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Taylor Wimpey plc in a research note on Thursday, June 19th. They now have a GBX 132 ($2.25) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Taylor Wimpey plc in a research note on Monday, June 16th. They now have a GBX 150 ($2.55) price target on the stock. Finally, 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 ($2.94) price target on the stock. Four 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. Taylor Wimpey plc presently has a consensus rating of “Buy” and an average target price of GBX 143.62 ($2.44).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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