Deutsche Bank AG Reaffirms Buy Rating for Taylor Wimpey plc (TW)
Taylor Wimpey plc (LON:TW)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank AG in a research report issued to clients and investors on Sunday, StockTargetPrices.com reports.
Several other equities research analysts also recently commented on the company. JPMorgan Chase & Co. reduced their target price on Taylor Wimpey plc from GBX 250 ($3.33) to GBX 190 ($2.53) and set an “overweight” rating for the company in a report on Monday, August 15th. Numis Securities Ltd raised Taylor Wimpey plc to a “buy” rating and set a GBX 205 ($2.73) target price for the company in a report on Thursday, July 28th. Beaufort Securities reaffirmed a “buy” rating on shares of Taylor Wimpey plc in a report on Thursday, July 28th. Shore Capital reaffirmed a “hold” rating on shares of Taylor Wimpey plc in a report on Wednesday, July 27th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 140 ($1.86) target price on shares of Taylor Wimpey plc in a report on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. Taylor Wimpey plc currently has an average rating of “Buy” and an average target price of GBX 193.14 ($2.57).
Shares of Taylor Wimpey plc (LON:TW) opened at 155.70 on Friday. The stock’s 50 day moving average price is GBX 156.09 and its 200-day moving average price is GBX 171.43. The stock’s market cap is GBX 5.07 billion. Taylor Wimpey plc has a one year low of GBX 109.44 and a one year high of GBX 211.90.
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In related news, insider Barker ,Kate acquired 20,000 shares of the stock in a transaction dated Monday, June 27th. The shares were acquired at an average price of GBX 135 ($1.80) per share, with a total value of £27,000 ($35,961.64). Also, insider Ford,Margaret Baroness acquired 13,800 shares of the stock in a transaction dated Friday, June 24th. The shares were bought at an average cost of GBX 145 ($1.93) per share, for a total transaction of £20,010 ($26,651.57).
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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