Taylor Wimpey plc (TW) Given “Hold” Rating at Liberum Capital
Taylor Wimpey plc (LON:TW)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a report released on Monday. They currently have a GBX 181 ($2.43) price objective on the homebuilder’s stock. Liberum Capital’s price target suggests a potential downside of 7.42% from the company’s current price.
A number of other brokerages also recently issued reports on TW. Peel Hunt reaffirmed a “hold” rating and set a GBX 210 ($2.82) price target on shares of Taylor Wimpey plc in a report on Thursday, June 22nd. Jefferies Group LLC lifted their price objective on Taylor Wimpey plc from GBX 237 ($3.19) to GBX 252 ($3.39) and gave the stock a “buy” rating in a report on Monday, June 26th. Barclays PLC upgraded Taylor Wimpey plc to an “overweight” rating and lifted their price objective for the stock from GBX 195 ($2.62) to GBX 208 ($2.80) in a report on Thursday, July 13th. Deutsche Bank AG reissued a “buy” rating on shares of Taylor Wimpey plc in a research report on Monday, July 17th. Finally, Shore Capital reissued a “hold” rating on shares of Taylor Wimpey plc in a research report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 212.38 ($2.86).
Shares of Taylor Wimpey plc (TW) opened at 200.50 on Monday. The stock’s market capitalization is GBX 6.54 billion. The stock’s 50 day moving average price is GBX 193.79 and its 200 day moving average price is GBX 191.00. Taylor Wimpey plc has a 12 month low of GBX 135.21 and a 12 month high of GBX 204.50.
In other Taylor Wimpey plc news, insider Ryan Mangold sold 100,000 shares of the company’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of GBX 193 ($2.60), for a total value of £193,000 ($259,548.14).
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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