Telford Homes (LON:TEF) announced its quarterly earnings results on Wednesday. The company reported GBX 9.40 ($0.13) EPS for the quarter, Bloomberg Earnings reports. Telford Homes had a net margin of 12.05% and a return on equity of 20.42%. The business had revenue of GBX 993.40 billion for the quarter.

Shares of Telford Homes (LON TEF) traded down GBX 5.50 ($0.07) on Friday, reaching GBX 410 ($5.49). The company had a trading volume of 95,511 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).

Several equities research analysts have issued reports on TEF shares. Canaccord Genuity reiterated a “buy” rating and set a GBX 460 ($6.16) target price on shares of Telford Homes in a research report on Wednesday. Peel Hunt reiterated a “buy” rating and issued a GBX 505 ($6.76) price target on shares of Telford Homes in a research note on Wednesday.

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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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