Taylor Wimpey (TW) Price Target Cut to GBX 202
Taylor Wimpey (LON:TW) had its price target decreased by Barclays from GBX 208 ($2.92) to GBX 202 ($2.83) in a report issued on Monday. Barclays currently has an equal weight rating on the homebuilder’s stock.
A number of other research firms also recently commented on TW. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 220 ($3.08) target price on shares of Taylor Wimpey in a research report on Monday, January 8th. Peel Hunt reissued an add rating and set a GBX 210 ($2.94) target price on shares of Taylor Wimpey in a research report on Friday, January 5th. Liberum Capital raised their target price on shares of Taylor Wimpey from GBX 181 ($2.54) to GBX 200 ($2.80) and gave the company a hold rating in a research report on Wednesday, January 3rd. Deutsche Bank reissued a buy rating and set a GBX 246 ($3.45) target price on shares of Taylor Wimpey in a research report on Monday, December 18th. Finally, Shore Capital reissued a hold rating on shares of Taylor Wimpey in a research report on Wednesday, January 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 215.57 ($3.02).
Taylor Wimpey (LON TW) opened at GBX 181.95 ($2.55) on Monday. The company has a market cap of $5,960.00 and a PE ratio of 1,137.19. Taylor Wimpey has a 12-month low of GBX 172.30 ($2.42) and a 12-month high of GBX 211.90 ($2.97).
About Taylor Wimpey
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.
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