Telford Homes plc (LON:TEF) Price Target Increased to GBX 398 by Analysts at Barclays PLC
Telford Homes plc (LON:TEF) had its target price lifted by stock analysts at Barclays PLC from GBX 330 ($4.30) to GBX 398 ($5.18) in a research note issued on Thursday, July 13th, MarketBeat reports. The brokerage currently has an “equal weight” rating on the stock. Barclays PLC’s target price would suggest a potential upside of 1.27% from the company’s previous close.
Several other research firms also recently weighed in on TEF. Canaccord Genuity raised their price target on shares of Telford Homes plc from GBX 360 ($4.69) to GBX 400 ($5.21) and gave the stock a “buy” rating in a research note on Wednesday, April 5th. Peel Hunt reissued a “buy” rating and issued a GBX 465 ($6.06) price target on shares of Telford Homes plc in a research note on Wednesday, April 5th.
Telford Homes plc (LON TEF) traded up 0.32% during midday trading on Thursday, hitting GBX 394.25. The company’s stock had a trading volume of 55,886 shares. The firm’s market cap is GBX 295.45 million. The company’s 50 day moving average price is GBX 392.88 and its 200 day moving average price is GBX 380.67. Telford Homes plc has a 12 month low of GBX 280.00 and a 12 month high of GBX 439.76.
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In other Telford Homes plc news, insider David Durant sold 187,500 shares of the business’s stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of GBX 400 ($5.21), for a total transaction of £750,000 ($976,689.67). Also, insider David Campbell purchased 1,500 shares of the stock in a transaction on Monday, August 7th. The shares were purchased at an average price of GBX 391 ($5.09) per share, with a total value of £5,865 ($7,637.71).
About Telford Homes plc
Telford Homes Plc is a residential developer operating across London. The Company is engaged in planning, designing and building developments on brownfield sites in London. The Company operates through the segment of housebuilding in the United Kingdom. The Company builds apartments, houses, schools, churches and commercial buildings as part of residential led mixed use developments.
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