Taylor Wimpey (TW) Receives “Buy” Rating from Deutsche Bank
Taylor Wimpey (LON:TW)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a research report issued to clients and investors on Monday. They presently have a GBX 246 ($3.31) price target on the homebuilder’s stock. Deutsche Bank’s price objective would suggest a potential upside of 21.12% from the company’s previous close.
TW has been the topic of a number of other reports. Liberum Capital reissued a “hold” rating and issued a GBX 181 ($2.44) price target on shares of Taylor Wimpey in a report on Monday, October 2nd. Peel Hunt reissued an “add” rating and issued a GBX 210 ($2.83) price target on shares of Taylor Wimpey in a report on Monday, November 13th. Canaccord Genuity Group reissued a “hold” rating and issued a GBX 210 ($2.83) price target on shares of Taylor Wimpey in a report on Monday, November 13th. J P Morgan Chase & Co raised their target price on shares of Taylor Wimpey from GBX 200 ($2.69) to GBX 210 ($2.83) and gave the company an “overweight” rating in a research note on Friday, September 29th. Finally, Barclays downgraded shares of Taylor Wimpey to an “equal weight” rating and set a GBX 208 ($2.80) target price on the stock. in a research note on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 213.50 ($2.87).
Shares of Taylor Wimpey (LON TW) opened at GBX 203.10 ($2.73) on Monday. Taylor Wimpey has a fifty-two week low of GBX 151.40 ($2.04) and a fifty-two week high of GBX 208.60 ($2.81).
About Taylor Wimpey
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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