Liberum Capital Reiterates “Hold” Rating for Taylor Wimpey (TW)
Taylor Wimpey (LON:TW)‘s stock had its “hold” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They presently have a GBX 130 ($1.70) price objective on the homebuilder’s stock. Liberum Capital’s price target would suggest a potential downside of 2.99% from the stock’s current price.
Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Taylor Wimpey in a research note on Wednesday, November 14th. Credit Suisse Group reduced their price target on Taylor Wimpey from GBX 182 ($2.38) to GBX 173 ($2.26) and set a “neutral” rating on the stock in a research note on Wednesday, November 14th. Peel Hunt reaffirmed an “add” rating on shares of Taylor Wimpey in a research note on Tuesday, November 13th. Barclays reaffirmed an “overweight” rating and issued a GBX 200 ($2.61) price target (down from GBX 206 ($2.69)) on shares of Taylor Wimpey in a research note on Wednesday, September 12th. Finally, Deutsche Bank reduced their price target on Taylor Wimpey from GBX 244 ($3.19) to GBX 237 ($3.10) and set a “buy” rating on the stock in a research note on Thursday, August 30th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of GBX 199.60 ($2.61).
Shares of TW stock opened at GBX 134 ($1.75) on Thursday. Taylor Wimpey has a twelve month low of GBX 173 ($2.26) and a twelve month high of GBX 211.90 ($2.77).
Taylor Wimpey Company Profile
Taylor Wimpey plc operates as a homebuilding company in the United Kingdom and Spain. It builds various homes, such as one- and two-bedroom apartments to six-bedroom detached houses. The company was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
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