Taylor Wimpey (LON:TW) Coverage Initiated by Analysts at Berenberg Bank

Berenberg Bank assumed coverage on shares of Taylor Wimpey (LON:TW) in a research note published on Wednesday, July 25th. The firm issued a buy rating and a GBX 210 ($2.72) target price on the homebuilder’s stock.

A number of other analysts have also issued reports on TW. Liberum Capital reissued a hold rating and issued a GBX 190 ($2.46) price target on shares of Taylor Wimpey in a research note on Friday, May 25th. Shore Capital reissued a hold rating and issued a GBX 194 ($2.51) price target on shares of Taylor Wimpey in a research note on Friday, April 20th. Deutsche Bank reissued a buy rating on shares of Taylor Wimpey in a research note on Thursday, May 17th. JPMorgan Chase & Co. reissued an overweight rating on shares of Taylor Wimpey in a research note on Wednesday, May 16th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 220 ($2.85) price objective on shares of Taylor Wimpey in a research note on Thursday, April 26th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of GBX 206.77 ($2.68).

Taylor Wimpey opened at GBX 172.35 ($2.23) on Wednesday, MarketBeat reports. Taylor Wimpey has a 52 week low of GBX 173 ($2.24) and a 52 week high of GBX 211.90 ($2.74).

The business also recently announced a dividend, which will be paid on Friday, November 9th. Investors of record on Thursday, October 4th will be issued a dividend of GBX 2.44 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 4th. This represents a dividend yield of 1.42%.

In other Taylor Wimpey news, insider Angela Ann Knight acquired 5,000 shares of the company’s stock in a transaction on Wednesday, May 30th. The shares were bought at an average cost of GBX 201 ($2.60) per share, for a total transaction of £10,050 ($13,009.71). Also, insider Kevin S. Beeston sold 550,000 shares of Taylor Wimpey stock in a transaction that occurred on Wednesday, May 16th. The stock was sold at an average price of GBX 201 ($2.60), for a total value of £1,105,500 ($1,431,067.96).

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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