Taylor Wimpey plc Given Buy Rating at Deutsche Bank (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Wednesday. They currently have a GBX 165 ($2.81) target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 41.81% from the stock’s previous close.
Taylor Wimpey plc (LON:TW) traded up 1.00% on Wednesday, hitting GBX 116.355. 19,573,604 shares of the company’s stock traded hands. Taylor Wimpey plc has a 1-year low of GBX 96.85 and a 1-year high of GBX 132.70. The stock’s 50-day moving average is GBX 109.1 and its 200-day moving average is GBX 113.3. The company’s market cap is £3.734 billion.
A number of other analysts have also recently weighed in on TW. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Taylor Wimpey plc in a research note on Friday, June 27th. They now have a GBX 135 ($2.30) 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 Thursday, June 19th. They now have a GBX 132 ($2.25) 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 Monday, June 16th. They now have a GBX 150 ($2.55) price target on the stock. Four equities research 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. The company has an average rating of “Buy” and an average target price of GBX 143.92 ($2.45).
Taylor Wimpey plc is a homebuilding company. It is a residential developer with operations in the United Kingdom and Spain.
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