Peel Hunt Reiterates Hold Rating for Taylor Wimpey plc (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “hold” rating reaffirmed by equities researchers at Peel Hunt in a note issued to investors on Monday. They presently have a GBX 215 ($2.69) price objective on the homebuilder’s stock. Peel Hunt’s price objective points to a potential upside of 43.91% from the stock’s current price.
Several other research firms have also weighed in on TW. Credit Suisse Group AG lifted their price target on Taylor Wimpey plc from GBX 118 ($1.47) to GBX 157 ($1.96) and gave the company a “neutral” rating in a research report on Friday, September 23rd. Deutsche Bank AG restated a “buy” rating on shares of Taylor Wimpey plc in a research report on Tuesday, November 1st. Canaccord Genuity lifted their price target on Taylor Wimpey plc from GBX 140 ($1.75) to GBX 167 ($2.09) and gave the company a “buy” rating in a research report on Tuesday, September 20th. Liberum Capital lifted their price target on Taylor Wimpey plc from GBX 132 ($1.65) to GBX 163 ($2.04) and gave the company a “hold” rating in a research report on Friday, September 23rd. Finally, JPMorgan Chase & Co. dropped their price target on Taylor Wimpey plc from GBX 250 ($3.12) to GBX 190 ($2.37) and set an “overweight” rating on the stock in a research report on Monday, August 15th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Taylor Wimpey plc presently has an average rating of “Buy” and an average target price of GBX 199.23 ($2.49).
Shares of Taylor Wimpey plc (LON:TW) opened at 149.40 on Monday. The company has a 50-day moving average price of GBX 146.96 and a 200 day moving average price of GBX 159.93. Taylor Wimpey plc has a one year low of GBX 109.44 and a one year high of GBX 211.90. The company’s market capitalization is GBX 4.87 billion.
Taylor Wimpey plc Company Profile
Taylor Wimpey plc is a national developer operating at a local level from over 24 regional businesses across the United Kingdom. The Company also 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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