Taylor Wimpey plc (LON:TW) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Taylor Wimpey plc (LON:TW) have been assigned an average recommendation of “Buy” from the fifteen ratings firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 207.45 ($2.71).
A number of research firms have weighed in on TW. Liberum Capital lifted their price target on shares of Taylor Wimpey plc from GBX 180 ($2.35) to GBX 181 ($2.36) and gave the stock a “hold” rating in a research note on Wednesday. Deutsche Bank AG reiterated a “buy” rating on shares of Taylor Wimpey plc in a research note on Monday. Barclays PLC upgraded shares of Taylor Wimpey plc to an “overweight” rating and lifted their price target for the stock from GBX 195 ($2.55) to GBX 208 ($2.72) in a research note on Thursday, July 13th. Jefferies Group LLC lifted their price target on shares of Taylor Wimpey plc from GBX 237 ($3.09) to GBX 252 ($3.29) and gave the stock a “buy” rating in a research note on Monday, June 26th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 210 ($2.74) price target on shares of Taylor Wimpey plc in a research note on Thursday, June 22nd.
Taylor Wimpey plc (LON:TW) traded down 0.54% on Friday, reaching GBX 184.90. 7,302,732 shares of the company’s stock were exchanged. The firm has a 50 day moving average of GBX 180.30 and a 200 day moving average of GBX 184.55. The stock’s market capitalization is GBX 6.03 billion. Taylor Wimpey plc has a 12 month low of GBX 135.21 and a 12 month high of GBX 204.50.
In other news, insider Angela Ann Knight purchased 5,000 shares of Taylor Wimpey plc stock in a transaction on Thursday, April 27th. The stock was purchased at an average price of GBX 199 ($2.60) per share, with a total value of £9,950 ($12,992.95). Also, insider Mike Hussey purchased 50,000 shares of Taylor Wimpey plc stock in a transaction on Friday, April 28th. The shares were purchased at an average cost of GBX 200 ($2.61) per share, with a total value of £100,000 ($130,582.40). Insiders purchased a total of 55,244 shares of company stock valued at $11,040,150 over the last quarter.
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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