Taylor Wimpey plc (LON:TW) had its price objective upped by Jefferies Group LLC from GBX 237 ($3.09) to GBX 252 ($3.29) in a report issued on Monday, June 26th. The firm presently has a “buy” rating on the homebuilder’s stock. Jefferies Group LLC’s target price would indicate a potential upside of 39.15% from the company’s previous close.

A number of other research analysts have also recently commented on TW. UBS AG upped their target price on Taylor Wimpey plc from GBX 190 ($2.48) to GBX 213 ($2.78) and gave the company a “buy” rating in a research note on Monday, March 27th. Liberum Capital reiterated a “hold” rating and issued a GBX 150 ($1.96) price target on shares of Taylor Wimpey plc in a report on Tuesday, February 28th. Peel Hunt restated a “buy” rating and set a GBX 210 ($2.74) target price on shares of Taylor Wimpey plc in a report on Tuesday, February 28th. Beaufort Securities restated a “buy” rating on shares of Taylor Wimpey plc in a report on Wednesday, March 1st. Finally, Shore Capital restated a “hold” rating on shares of Taylor Wimpey plc in a report on Tuesday, February 28th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 209.54 ($2.74).

Taylor Wimpey plc (TW) traded up 0.33% on Monday, reaching GBX 181.10. The company’s stock had a trading volume of 7,699,975 shares. The firm’s market cap is GBX 5.90 billion. The firm has a 50 day moving average of GBX 187.84 and a 200 day moving average of GBX 181.71. Taylor Wimpey plc has a 12 month low of GBX 135.21 and a 12 month high of GBX 204.50.

COPYRIGHT VIOLATION NOTICE: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/07/17/taylor-wimpey-plc-tw-pt-raised-to-gbx-252-updated-updated.html.

In other Taylor Wimpey plc news, insider Ryan Mangold sold 230,000 shares of the business’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of GBX 199 ($2.60), for a total value of £457,700 ($597,675.63). Also, insider Angela Ann Knight purchased 5,000 shares of the company’s stock in a transaction on Thursday, April 27th. The stock was acquired at an average price of GBX 199 ($2.60) per share, with a total value of £9,950 ($12,992.95). Insiders have bought a total of 55,244 shares of company stock valued at $11,040,150 in the last 90 days.

Taylor Wimpey plc Company Profile

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.

Analyst Recommendations for Taylor Wimpey plc (LON:TW)

Receive News & Stock Ratings for Taylor Wimpey plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Wimpey plc and related stocks with our FREE daily email newsletter.