Canaccord Genuity reiterated their buy rating on shares of Telford Homes (LON:TEF) in a research note issued to investors on Wednesday. They currently have a GBX 460 ($6.16) price target on the stock.

Separately, Peel Hunt restated a buy rating and issued a GBX 505 ($6.76) target price on shares of Telford Homes in a research note on Wednesday.

Shares of Telford Homes (LON:TEF) traded up GBX 5.50 ($0.07) during mid-day trading on Wednesday, reaching GBX 415.50 ($5.56). The company’s stock had a trading volume of 136,144 shares, compared to its average volume of 214,751. Telford Homes has a 12 month low of GBX 305 ($4.08) and a 12 month high of GBX 439.76 ($5.89).

Telford Homes (LON:TEF) last issued its earnings results on Wednesday, November 29th. The company reported GBX 9.40 ($0.13) EPS for the quarter. Telford Homes had a return on equity of 20.42% and a net margin of 12.05%. The company had revenue of GBX 9,934 million during the quarter.

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About Telford Homes

Telford Homes Plc is a residential developer operating across London. The Company is engaged in planning, designing and building developments on brownfield sites in London. The Company operates through the segment of housebuilding in the United Kingdom. The Company builds apartments, houses, schools, churches and commercial buildings as part of residential led mixed use developments.

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