Taylor Wimpey plc (LON:TW) has received an average recommendation of “Buy” from the thirteen research firms that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 192.38 ($2.51).
A number of analysts have recently commented on TW shares. Peel Hunt cut Taylor Wimpey to a “hold” rating and dropped their price target for the stock from GBX 220 ($2.87) to GBX 140 ($1.83) in a research report on Monday, December 10th. Bank of America raised Taylor Wimpey to a “buy” rating and boosted their price target for the stock from GBX 160 ($2.09) to GBX 175 ($2.29) in a research report on Friday, January 11th. JPMorgan Chase & Co. lowered their price objective on Taylor Wimpey from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “neutral” rating on the stock in a research report on Monday, January 14th. Berenberg Bank reaffirmed a “buy” rating on shares of Taylor Wimpey in a research report on Monday, January 28th. Finally, Liberum Capital reaffirmed a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, October 30th.
Shares of TW opened at GBX 166.80 ($2.18) on Friday. Taylor Wimpey has a 52 week low of GBX 173 ($2.26) and a 52 week high of GBX 211.90 ($2.77).
Taylor Wimpey Company Profile
Taylor Wimpey plc operates as a homebuilding company in the United Kingdom and Spain. It builds various homes, such as one- and two-bedroom apartments to six-bedroom detached houses. The company was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
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