Taylor Wimpey (TW) Rating Reiterated by Shore Capital

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital in a research report issued to clients and investors on Wednesday.

Several other analysts have also issued reports on the stock. Peel Hunt reiterated a “hold” rating on shares of Taylor Wimpey in a research note on Friday, January 4th. Liberum Capital reiterated a “hold” rating and issued a GBX 130 ($1.70) target price on shares of Taylor Wimpey in a research note on Thursday, December 6th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Taylor Wimpey in a research note on Wednesday, November 14th. Credit Suisse Group reduced their target price on shares of Taylor Wimpey from GBX 182 ($2.38) to GBX 173 ($2.26) and set a “neutral” rating for the company in a research note on Wednesday, November 14th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 200 ($2.61) target price (down previously from GBX 206 ($2.69)) on shares of Taylor Wimpey in a research note on Wednesday, September 12th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Taylor Wimpey has a consensus rating of “Buy” and an average price target of GBX 191.60 ($2.50).

LON TW opened at GBX 147.94 ($1.93) on Wednesday. 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 purchased 745,846 shares of Taylor Wimpey stock in a transaction that occurred on Thursday, December 6th. The stock was bought at an average price of GBX 134 ($1.75) per share, for a total transaction of £999,433.64 ($1,305,937.07). Also, insider Kevin S. Beeston purchased 112,870 shares of Taylor Wimpey stock in a transaction that occurred on Tuesday, December 4th. The shares were bought at an average price of GBX 132 ($1.72) per share, with a total value of £148,988.40 ($194,679.73).

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.

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Analyst Recommendations for Taylor Wimpey (LON:TW)

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