Deutsche Bank Raises Taylor Wimpey (TW) Price Target to GBX 246

Taylor Wimpey (LON:TW) had its target price upped by Deutsche Bank from GBX 243 ($3.25) to GBX 246 ($3.29) in a research report report published on Thursday morning. They currently have a buy rating on the homebuilder’s stock.

Other equities research analysts have also recently issued research reports about the company. Canaccord Genuity reiterated a hold rating and set a GBX 210 ($2.81) price objective on shares of Taylor Wimpey in a research note on Monday, November 13th. Bank of America reiterated an underperform rating and set a GBX 160 ($2.14) price objective on shares of Taylor Wimpey in a research note on Tuesday, September 12th. Liberum Capital reiterated a hold rating and set a GBX 181 ($2.42) price objective on shares of Taylor Wimpey in a research note on Monday, November 13th. Canaccord Genuity Group reiterated a hold rating and set a GBX 210 ($2.81) price objective on shares of Taylor Wimpey in a research note on Monday, November 13th. Finally, J P Morgan Chase & Co upped their price objective on Taylor Wimpey from GBX 200 ($2.68) to GBX 210 ($2.81) and gave the stock an overweight rating in a research note on Friday, September 29th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the stock. Taylor Wimpey currently has an average rating of Hold and a consensus price target of GBX 212.79 ($2.85).

Shares of Taylor Wimpey (TW) opened at GBX 196.24 ($2.63) on Thursday. Taylor Wimpey has a 12 month low of GBX 146.30 ($1.96) and a 12 month high of GBX 208.60 ($2.79).

In other Taylor Wimpey news, insider Ryan Mangold sold 100,000 shares of the company’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of GBX 193 ($2.58), for a total value of £193,000 ($258,470.60). Over the last ninety days, insiders acquired 226 shares of company stock worth $45,049.

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Taylor Wimpey Company Profile

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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