Peel Hunt Reiterates “Buy” Rating for Telford Homes plc (TEF)
Telford Homes plc (LON:TEF)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a note issued to investors on Wednesday. They currently have a GBX 505 ($6.52) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 21.32% from the stock’s current price.
Separately, Canaccord Genuity increased their target price on shares of Telford Homes plc from GBX 360 ($4.65) to GBX 400 ($5.16) and gave the stock a “buy” rating in a research report on Wednesday, April 5th.
Telford Homes plc (LON:TEF) traded down 0.30% during midday trading on Wednesday, reaching GBX 415.00. The company’s stock had a trading volume of 133,170 shares. The firm’s market cap is GBX 309.89 million. The firm has a 50 day moving average price of GBX 393.85 and a 200-day moving average price of GBX 343.95. Telford Homes plc has a 52 week low of GBX 254.01 and a 52 week high of GBX 434.75.
In other Telford Homes plc news, insider James Furlong sold 50,000 shares of the stock in a transaction that occurred on Thursday, February 16th. The shares were sold at an average price of GBX 356 ($4.60), for a total transaction of £178,000 ($229,766.36).
About Telford Homes plc
Telford Homes Plc is a residential developer operating across London. The Company is engaged in planning, designing and building developments on brownfield sites in London. The Company operates through the segment of housebuilding in the United Kingdom. The Company builds apartments, houses, schools, churches and commercial buildings as part of residential led mixed use developments.
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