Taylor Wimpey plc (TW) Receives Average Rating of “Hold” from Brokerages
Shares of Taylor Wimpey plc (LON:TW) have been given a consensus recommendation of “Hold” by the sixteen research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 210.23 ($2.77).
A number of research firms have recently weighed in on TW. Barclays PLC cut Taylor Wimpey plc to an “equal weight” rating and set a GBX 208 ($2.74) price objective on the stock. in a research report on Monday, October 30th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 243 ($3.20) price objective on shares of Taylor Wimpey plc in a research report on Friday, September 1st. Shore Capital reaffirmed a “hold” rating on shares of Taylor Wimpey plc in a research report on Wednesday, November 8th. Bank of America Corporation reaffirmed an “underperform” rating and set a GBX 160 ($2.10) price objective on shares of Taylor Wimpey plc in a research report on Tuesday, September 12th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 181 ($2.38) price objective on shares of Taylor Wimpey plc in a research report on Monday, October 2nd.
Shares of Taylor Wimpey plc (TW) traded up GBX 3.60 ($0.05) during trading hours on Thursday, reaching GBX 196.90 ($2.59). The company’s stock had a trading volume of 17,823,817 shares, compared to its average volume of 14,540,000. Taylor Wimpey plc has a fifty-two week low of GBX 144.50 ($1.90) and a fifty-two week high of GBX 208.60 ($2.74).
In other news, insider Ryan Mangold sold 100,000 shares of Taylor Wimpey plc stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of GBX 193 ($2.54), for a total value of £193,000 ($253,847.17). In the last quarter, insiders bought 226 shares of company stock valued at $45,049.
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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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