Taylor Wimpey plc (TW) Receives Consensus Rating of “Buy” from Analysts

Shares of Taylor Wimpey plc (LON:TW) have received a consensus recommendation of “Buy” from the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 192.78 ($2.52).

Several analysts recently issued reports on TW shares. JPMorgan Chase & Co. cut their price objective on Taylor Wimpey from GBX 220 ($2.87) to GBX 200 ($2.61) and set a “neutral” rating for the company in a report on Monday, January 14th. Bank of America raised Taylor Wimpey to a “buy” rating and raised their price target for the company from GBX 160 ($2.09) to GBX 175 ($2.29) in a research report on Friday, January 11th. UBS Group reiterated a “buy” rating and issued a GBX 190 ($2.48) target price on shares of Taylor Wimpey in a research note on Wednesday, January 9th. Shore Capital reiterated a “buy” rating on shares of Taylor Wimpey in a research note on Wednesday, January 9th. Finally, Peel Hunt reiterated a “hold” rating on shares of Taylor Wimpey in a research note on Friday, January 4th.

Shares of LON:TW traded down GBX 0.35 ($0.00) during trading on Tuesday, hitting GBX 165.40 ($2.16). 11,465,230 shares of the company traded hands, compared to its average volume of 16,200,000. Taylor Wimpey has a one year low of GBX 173 ($2.26) and a one year high of GBX 211.90 ($2.77).

In other Taylor Wimpey news, insider Kevin S. Beeston bought 112,870 shares of the stock in a transaction on Tuesday, December 4th. The stock was purchased at an average price of GBX 132 ($1.72) per share, with a total value of £148,988.40 ($194,679.73). Also, insider Pete Redfern bought 745,846 shares of the stock in a transaction on Thursday, December 6th. The shares were acquired at an average cost of GBX 134 ($1.75) per share, with a total value of £999,433.64 ($1,305,937.07). In the last three months, insiders purchased 858,823 shares of company stock valued at $114,857,184.

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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