Numis Securities lowered shares of Taylor Wimpey (LON:TW) to a hold rating in a research note issued to investors on Wednesday. Numis Securities currently has GBX 221 ($3.00) price objective on the homebuilder’s stock.

A number of other research analysts also recently weighed in on the stock. Shore Capital reaffirmed a hold rating on shares of Taylor Wimpey in a research report on Wednesday. Liberum Capital reaffirmed a hold rating and issued a GBX 200 ($2.71) target price on shares of Taylor Wimpey in a research report on Wednesday. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 220 ($2.98) target price on shares of Taylor Wimpey in a research report on Monday, January 8th. Peel Hunt reaffirmed an add rating and issued a GBX 210 ($2.85) target price on shares of Taylor Wimpey in a research report on Friday, January 5th. Finally, Deutsche Bank reaffirmed a buy rating and issued a GBX 246 ($3.34) target price on shares of Taylor Wimpey in a research report on Monday, December 18th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 216 ($2.93).

Taylor Wimpey (TW) opened at GBX 197.85 ($2.68) on Wednesday. The firm has a market cap of $6,480.00 and a price-to-earnings ratio of 1,236.56. Taylor Wimpey has a 12-month low of GBX 164.60 ($2.23) and a 12-month high of GBX 211.90 ($2.87).

COPYRIGHT VIOLATION WARNING: “Taylor Wimpey (TW) Cut to “Hold” at Numis Securities” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.watchlistnews.com/taylor-wimpey-tw-cut-to-hold-at-numis-securities/1805331.html.

Taylor Wimpey Company Profile

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.

Analyst Recommendations for Taylor Wimpey (LON:TW)

Receive News & Ratings for Taylor Wimpey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Wimpey and related companies with MarketBeat.com's FREE daily email newsletter.