Taylor Wimpey (LON:TW) had its price objective boosted by analysts at Canaccord Genuity from GBX 180 ($2.35) to GBX 187 ($2.44) in a report released on Thursday. The brokerage presently has a “buy” rating on the homebuilder’s stock. Canaccord Genuity’s price target indicates a potential upside of 4.00% from the company’s current price.
TW has been the topic of several other reports. Peel Hunt lowered shares of Taylor Wimpey to a “hold” rating and dropped their price target for the stock from GBX 220 ($2.87) to GBX 140 ($1.83) in a research report on Monday, December 10th. Bank of America raised shares of Taylor Wimpey to a “buy” rating and upped their price target for the stock from GBX 160 ($2.09) to GBX 175 ($2.29) in a research report on Friday, January 11th. Berenberg Bank reaffirmed a “buy” rating on shares of Taylor Wimpey in a research report on Monday, January 28th. JPMorgan Chase & Co. dropped their price target on shares of Taylor Wimpey from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “neutral” rating on the stock in a research report on Monday, January 14th. Finally, Liberum Capital reaffirmed a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, November 13th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of GBX 186 ($2.43).
Get Taylor Wimpey alerts:LON TW opened at GBX 179.80 ($2.35) on Thursday. Taylor Wimpey has a 1 year low of GBX 173 ($2.26) and a 1 year high of GBX 211.90 ($2.77).
In related news, insider Pete Redfern acquired 745,846 shares of the company’s stock in a transaction dated Thursday, December 6th. The shares were bought at an average cost of GBX 134 ($1.75) per share, with a total value of £999,433.64 ($1,305,937.07). Also, insider Kevin S. Beeston acquired 112,870 shares of the company’s stock in a transaction dated Tuesday, December 4th. The stock was bought at an average cost of GBX 132 ($1.72) per share, for a total transaction of £148,988.40 ($194,679.73). Insiders have acquired 858,823 shares of company stock worth $114,857,184 over the last ninety days.
About Taylor Wimpey
Taylor Wimpey plc operates as a homebuilding company in the United Kingdom and Spain. It builds various homes, such as one- and two-bedroom apartments to six-bedroom detached houses. The company was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
Featured Story: Cost of Goods Sold (COGS)
No comments:
Post a Comment