Taylor Wimpey (TW) Receives Buy Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Taylor Wimpey (LON:TW) in a research note issued to investors on Wednesday.

A number of other brokerages have also recently commented on TW. Liberum Capital reissued a hold rating on shares of Taylor Wimpey in a research note on Tuesday, November 13th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Taylor Wimpey in a research note on Wednesday, November 14th. Credit Suisse Group dropped their price target 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. Peel Hunt reaffirmed an add rating on shares of Taylor Wimpey in a research note on Tuesday, November 13th. Finally, Barclays reaffirmed an overweight rating and set a GBX 200 ($2.61) price target (down from GBX 206 ($2.69)) on shares of Taylor Wimpey in a research note on Wednesday, September 12th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of GBX 187.27 ($2.45).

Shares of LON:TW opened at GBX 156.05 ($2.04) on Wednesday. Taylor Wimpey has a 52 week low of GBX 173 ($2.26) and a 52 week high of GBX 211.90 ($2.77).

In other Taylor Wimpey news, insider Pete Redfern purchased 745,846 shares of Taylor Wimpey stock in a transaction dated Thursday, December 6th. The stock was acquired 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 dated Tuesday, December 4th. The stock was acquired at an average price of GBX 132 ($1.72) per share, with a total value of £148,988.40 ($194,679.73). Insiders have purchased a total of 858,823 shares of company stock valued at $114,857,184 in the last quarter.

Taylor Wimpey Company Profile

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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