Telford Homes plc (TEF) Price Target Increased to GBX 330 by Analysts at Canaccord Genuity
Telford Homes plc (LON:TEF) had its target price raised by Canaccord Genuity from GBX 290 ($3.59) to GBX 330 ($4.08) in a research note issued on Wednesday. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 11.02% from the company’s current price.
Separately, Peel Hunt restated a “buy” rating and set a GBX 485 ($6.00) price target on shares of Telford Homes plc in a research note on Wednesday. Two analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 421.13 ($5.21).
Telford Homes plc (LON:TEF) traded up 2.35% during trading on Wednesday, reaching GBX 304.25. The company’s stock had a trading volume of 588,136 shares. Telford Homes plc has a 1-year low of GBX 254.01 and a 1-year high of GBX 438.99. The stock has a 50 day moving average price of GBX 307.15 and a 200 day moving average price of GBX 316.75. The stock’s market capitalization is GBX 226.65 million.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/12/telford-homes-plc-tef-given-new-gbx-330-price-target-at-canaccord-genuity-2.html
About Telford Homes plc
Receive News & Ratings for Telford Homes plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telford Homes plc and related companies with MarketBeat.com's FREE daily email newsletter.