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 ($2.80) price objective on the stock. Deutsche Bank’s target price would suggest a potential upside of 47.06% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Taylor Wimpey plc in a research note on Friday, July 25th. They now have a GBX 173 ($2.94) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Taylor Wimpey plc in a research note on Wednesday, July 23rd. They now have a GBX 127 ($2.16) price target on the stock. Finally, analysts at Liberum Capital cut their price target on shares of Taylor Wimpey plc from GBX 132 ($2.24) to GBX 130 ($2.21) in a research note on Friday, July 18th. They now have a “buy” rating on the stock. Four 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 stock presently has a consensus rating of “Buy” and an average price target of GBX 143.58 ($2.44).
Taylor Wimpey plc (LON:TW) opened at 112.20 on Wednesday. Taylor Wimpey plc has a one year low of GBX 96.85 and a one year high of GBX 134.50. The stock has a 50-day moving average of GBX 111.5 and a 200-day moving average of GBX 113.6. The company’s market cap is £3.669 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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