Deutsche Bank AG Reiterates “Buy” Rating for Taylor Wimpey plc (TW)
Deutsche Bank AG reiterated their buy rating on shares of Taylor Wimpey plc (LON:TW) in a report published on Monday morning. They currently have a GBX 218 ($2.85) target price on the homebuilder’s stock.
TW has been the subject of a number of other reports. Goldman Sachs Group Inc. reaffirmed a neutral rating and issued a GBX 276.80 ($3.61) price target on shares of Taylor Wimpey plc in a report on Tuesday, June 28th. HSBC reaffirmed a buy rating and issued a GBX 220 ($2.87) price target on shares of Taylor Wimpey plc in a report on Monday, June 27th. Shore Capital reaffirmed a hold rating on shares of Taylor Wimpey plc in a report on Wednesday, July 27th. Canaccord Genuity reaffirmed a buy rating and issued a GBX 140 ($1.83) price target on shares of Taylor Wimpey plc in a report on Wednesday, July 27th. Finally, Numis Securities Ltd raised Taylor Wimpey plc to a buy rating and set a GBX 205 ($2.68) price objective for the company in a research note on Thursday, July 28th. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 198.81 ($2.60).
Shares of Taylor Wimpey plc (LON:TW) opened at 148.77 on Monday. The firm has a 50 day moving average price of GBX 156.54 and a 200-day moving average price of GBX 167.61. The company’s market cap is GBX 4.85 billion. Taylor Wimpey plc has a 52-week low of GBX 109.44 and a 52-week high of GBX 211.90.
About Taylor Wimpey plc
Taylor Wimpey plc is a national developer operating at a local level from over 24 regional businesses across the United Kingdom. The Company also 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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