Taylor Wimpey plc (TW) Given Average Recommendation of “Hold” by Brokerages
Taylor Wimpey plc (LON:TW) has earned an average rating of “Hold” from the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 216 ($2.93).
Several equities analysts recently issued reports on TW shares. Liberum Capital reiterated a “hold” rating and set a GBX 181 ($2.45) price target on shares of Taylor Wimpey in a research report on Monday, October 2nd. Deutsche Bank boosted their price target on shares of Taylor Wimpey from GBX 243 ($3.30) to GBX 246 ($3.34) and gave the company a “buy” rating in a research report on Thursday, November 30th. Peel Hunt reissued an “add” rating and set a GBX 210 ($2.85) price objective on shares of Taylor Wimpey in a research note on Monday, November 13th. Canaccord Genuity Group reissued a “hold” rating and set a GBX 210 ($2.85) price objective on shares of Taylor Wimpey in a research note on Monday, November 13th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Taylor Wimpey from GBX 200 ($2.71) to GBX 210 ($2.85) and gave the stock an “overweight” rating in a research note on Friday, September 29th.
Shares of Taylor Wimpey (TW) traded up GBX 1.35 ($0.02) during trading hours on Friday, reaching GBX 197.85 ($2.68). 27,847,883 shares of the company were exchanged, compared to its average volume of 11,220,000. The stock has a market cap of $6,480.00 and a PE ratio of 1,236.56. Taylor Wimpey has a one year low of GBX 164.60 ($2.23) and a one year high of GBX 211.90 ($2.87).
About Taylor Wimpey
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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