Taylor Wimpey plc’s (TW) Buy Rating Reaffirmed at Canaccord Genuity
Taylor Wimpey plc (LON:TW)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity in a research note issued on Tuesday. They presently have a GBX 167 ($2.18) price target on the homebuilder’s stock. Canaccord Genuity’s price target would suggest a potential upside of 13.07% from the stock’s current price.
TW has been the topic of several other research reports. Deutsche Bank AG reissued a “buy” rating and set a GBX 261 ($3.41) price target on shares of Taylor Wimpey plc in a research report on Saturday, July 2nd. Credit Suisse Group AG increased their price target on shares of Taylor Wimpey plc from GBX 118 ($1.54) to GBX 157 ($2.05) and gave the stock a “neutral” rating in a research report on Friday, September 23rd. Peel Hunt reaffirmed a “hold” rating and issued a GBX 215 ($2.81) target price on shares of Taylor Wimpey plc in a report on Wednesday, July 27th. Liberum Capital raised their target price on shares of Taylor Wimpey plc from GBX 132 ($1.72) to GBX 163 ($2.13) and gave the company a “hold” rating in a report on Friday, September 23rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of Taylor Wimpey plc from GBX 250 ($3.26) to GBX 190 ($2.48) and set an “overweight” rating on the stock in a report on Monday, August 15th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Taylor Wimpey plc presently has a consensus rating of “Buy” and a consensus target price of GBX 198.81 ($2.60).
Shares of Taylor Wimpey plc (LON:TW) opened at 147.70 on Tuesday. Taylor Wimpey plc has a 52-week low of GBX 109.44 and a 52-week high of GBX 211.90. The firm’s 50-day moving average is GBX 156.60 and its 200 day moving average is GBX 167.45. The stock’s market cap is GBX 4.81 billion.
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Taylor Wimpey plc Company Profile
Taylor Wimpey plc is a national developer operating at a local level from over 24 regional businesses across the United Kingdom. The Company also has operations in Spain. Its segments include Housing United Kingdom and Housing Spain. The Housing United Kingdom segment includes North, Central and South West, and London and South East (including Central London) divisions.
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