Taylor Wimpey plc (TW) Receives Underperform Rating from Bank of America Corporation
Bank of America Corporation reaffirmed their underperform rating on shares of Taylor Wimpey plc (LON:TW) in a report published on Tuesday. The firm currently has a GBX 160 ($2.07) price target on the homebuilder’s stock.
TW has been the subject of several other reports. Deutsche Bank AG reissued a buy rating on shares of Taylor Wimpey plc in a research note on Monday, July 17th. Shore Capital reissued a hold rating on shares of Taylor Wimpey plc in a research note on Thursday, August 31st. Liberum Capital reissued a hold rating and set a GBX 180 ($2.32) price objective on shares of Taylor Wimpey plc in a research note on Friday, June 9th. Peel Hunt reissued a hold rating and set a GBX 210 ($2.71) price objective on shares of Taylor Wimpey plc in a research note on Tuesday, August 1st. Finally, Canaccord Genuity reissued a hold rating and set a GBX 205 ($2.65) price objective on shares of Taylor Wimpey plc in a research note on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 207.71 ($2.68).
Taylor Wimpey plc (LON TW) opened at 193.80 on Tuesday. Taylor Wimpey plc has a 1-year low of GBX 135.21 and a 1-year high of GBX 204.50. The firm’s 50-day moving average price is GBX 193.58 and its 200-day moving average price is GBX 190.84. The firm’s market capitalization is GBX 6.33 billion.
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The company also recently disclosed a dividend, which will be paid on Friday, November 3rd. Shareholders of record on Thursday, September 21st will be issued a GBX 2.30 ($0.03) dividend. The ex-dividend date is Thursday, September 21st. This represents a yield of 1.18%.
About Taylor Wimpey plc
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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