Telford Homes plc (TEF) Stock Rating Reaffirmed by Peel Hunt

Telford Homes plc (LON:TEF)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued on Wednesday. They presently have a GBX 505 ($6.64) price target on the stock. Peel Hunt’s target price would indicate a potential upside of 28.34% from the stock’s previous close.

Separately, Barclays PLC increased their price objective on shares of Telford Homes plc from GBX 330 ($4.34) to GBX 398 ($5.23) and gave the company an “equal weight” rating in a research report on Thursday, July 13th.

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In related news, insider David Campbell purchased 1,500 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were purchased at an average price of GBX 391 ($5.14) per share, with a total value of £5,865 ($7,711.02).

Telford Homes plc Company Profile

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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