Taylor Wimpey plc’s (TW) Hold Rating Reiterated at Liberum Capital
Taylor Wimpey plc (LON:TW)‘s stock had its “hold” rating reissued by stock analysts at Liberum Capital in a research note issued on Friday. They currently have a GBX 180 ($2.33) target price on the homebuilder’s stock. Liberum Capital’s target price suggests a potential downside of 1.91% from the stock’s previous close.
A number of other equities research analysts also recently weighed in on TW. Deutsche Bank AG restated a “buy” rating and set a GBX 244 ($3.15) target price on shares of Taylor Wimpey plc in a research report on Friday, February 17th. Peel Hunt restated a “buy” rating and set a GBX 210 ($2.71) target price on shares of Taylor Wimpey plc in a research report on Tuesday, February 28th. Shore Capital restated a “hold” rating on shares of Taylor Wimpey plc in a research report on Tuesday, February 28th. Beaufort Securities restated a “buy” rating on shares of Taylor Wimpey plc in a research report on Wednesday, March 1st. Finally, Canaccord Genuity boosted their target price on Taylor Wimpey plc from GBX 180 ($2.33) to GBX 200 ($2.58) and gave the stock a “buy” rating in a research report on Wednesday, March 1st. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 208.52 ($2.69).
Shares of Taylor Wimpey plc (LON:TW) traded down 3.27% during trading on Friday, reaching GBX 177.50. 35,062,211 shares of the company’s stock traded hands. Taylor Wimpey plc has a 1-year low of GBX 109.44 and a 1-year high of GBX 204.50. The company’s market capitalization is GBX 5.79 billion. The company has a 50 day moving average of GBX 196.76 and a 200-day moving average of GBX 178.75.
In other Taylor Wimpey plc news, insider Ryan Mangold sold 230,000 shares of the business’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of GBX 199 ($2.57), for a total value of £457,700 ($591,420.08). Also, insider Mike Hussey bought 50,000 shares of the firm’s stock in a transaction on Friday, April 28th. The stock was acquired at an average cost of GBX 200 ($2.58) per share, with a total value of £100,000 ($129,215.66). Insiders purchased 55,160 shares of company stock valued at $11,025,198 in the last quarter.
Taylor Wimpey plc Company Profile
Taylor Wimpey plc is a residential developer. The Company operates at a local level from 24 regional businesses across the United Kingdom, and it 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.
Receive News & Ratings for Taylor Wimpey plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Wimpey plc and related companies with MarketBeat.com's FREE daily email newsletter.