Taylor Wimpey plc’s (TW) Hold Rating Reiterated at Peel Hunt
Taylor Wimpey plc (LON:TW)‘s stock had its “hold” rating reiterated by research analysts at Peel Hunt in a research note issued to investors on Thursday. They presently have a GBX 210 ($2.68) price target on the homebuilder’s stock. Peel Hunt’s price target suggests a potential upside of 17.12% from the company’s current price.
A number of other equities research analysts have also issued reports on TW. Liberum Capital reaffirmed a “hold” rating and set a GBX 150 ($1.91) target price on shares of Taylor Wimpey plc in a report on Tuesday, February 28th. Beaufort Securities reaffirmed a “buy” rating on shares of Taylor Wimpey plc in a report on Wednesday, March 1st. Shore Capital reaffirmed a “hold” rating on shares of Taylor Wimpey plc in a report on Tuesday, February 28th. Deutsche Bank AG upped their target price on shares of Taylor Wimpey plc from GBX 244 ($3.11) to GBX 249 ($3.17) and gave the stock a “buy” rating in a report on Wednesday, March 1st. Finally, Canaccord Genuity upped their target price on shares of Taylor Wimpey plc from GBX 180 ($2.29) to GBX 200 ($2.55) and gave the stock a “buy” rating in a report on Wednesday, March 1st. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Taylor Wimpey plc has a consensus rating of “Hold” and a consensus price target of GBX 208.52 ($2.66).
Shares of Taylor Wimpey plc (TW) traded up 0.45% during trading on Thursday, hitting GBX 180.10. 12,917,895 shares of the company’s stock were exchanged. Taylor Wimpey plc has a 12-month low of GBX 109.44 and a 12-month high of GBX 204.50. The company’s market cap is GBX 5.87 billion. The company has a 50-day moving average of GBX 191.54 and a 200-day moving average of GBX 180.87.
In related news, insider Angela Ann Knight bought 5,000 shares of the firm’s stock in a transaction on Thursday, April 27th. The shares were bought at an average price of GBX 199 ($2.54) per share, with a total value of £9,950 ($12,676.77). Also, insider Mike Hussey bought 50,000 shares of the firm’s stock in a transaction on Friday, April 28th. The stock was bought at an average cost of GBX 200 ($2.55) per share, for a total transaction of £100,000 ($127,404.76). Insiders acquired 55,160 shares of company stock worth $11,025,198 in the last ninety days.
About Taylor Wimpey plc
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.
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