Shares of Taylor Wimpey plc (LON:TW) have been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 212.38 ($2.80).
Several research analysts have commented on the company. Barclays PLC downgraded Taylor Wimpey plc to an “equal weight” rating and set a GBX 208 ($2.74) target price for the company. in a research note on Monday. Liberum Capital restated a “hold” rating and issued a GBX 181 ($2.39) target price on shares of Taylor Wimpey plc in a research note on Monday, October 2nd. J P Morgan Chase & Co raised their target price on Taylor Wimpey plc from GBX 200 ($2.64) to GBX 210 ($2.77) and gave the stock an “overweight” rating in a research note on Friday, September 29th. Peel Hunt upgraded Taylor Wimpey plc to an “add” rating and set a GBX 210 ($2.77) target price for the company in a research note on Wednesday, September 27th. Finally, Bank of America Corporation restated an “underperform” rating and issued a GBX 160 ($2.11) target price on shares of Taylor Wimpey plc in a research note on Tuesday, September 12th.
In other news, insider Ryan Mangold sold 100,000 shares of Taylor Wimpey plc stock in a transaction dated Friday, September 29th. The stock was sold at an average price of GBX 193 ($2.55), for a total transaction of £193,000 ($254,684.61).
About Taylor Wimpey plc
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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