Barclays Reaffirms Overweight Rating for Taylor Wimpey (TW)

Barclays restated their overweight rating on shares of Taylor Wimpey (LON:TW) in a report issued on Wednesday. Barclays currently has a GBX 200 ($2.61) price target on the homebuilder’s stock, down from their previous price target of GBX 206 ($2.68).

Other research analysts have also recently issued reports about the stock. Shore Capital reiterated a hold rating on shares of Taylor Wimpey in a report on Tuesday, July 31st. JPMorgan Chase & Co. cut shares of Taylor Wimpey to a neutral rating and set a GBX 220 ($2.87) target price on the stock. in a report on Friday, June 1st. Liberum Capital reiterated a hold rating on shares of Taylor Wimpey in a report on Tuesday, May 15th. Deutsche Bank reiterated a buy rating on shares of Taylor Wimpey in a report on Thursday, May 17th. Finally, Peel Hunt increased their target price on shares of Taylor Wimpey from GBX 215 ($2.80) to GBX 220 ($2.87) and gave the stock an add rating in a report on Tuesday, May 15th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 206.82 ($2.69).

TW stock opened at GBX 170.10 ($2.22) on Wednesday. Taylor Wimpey has a 12 month low of GBX 173 ($2.25) and a 12 month high of GBX 211.90 ($2.76).

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

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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