Bank of America upgraded shares of Taylor Wimpey (LON:TW) to a buy rating in a report issued on Friday. They currently have GBX 175 ($2.29) price target on the homebuilder’s stock, up from their previous price target of GBX 160 ($2.09).

Other equities analysts have also recently issued research reports about the stock. Peel Hunt reiterated an add rating on shares of Taylor Wimpey in a research report on Tuesday, November 13th. Shore Capital upgraded shares of Taylor Wimpey to a buy rating in a research report on Thursday, December 13th. UBS Group reiterated a buy rating and set a GBX 190 ($2.48) price target on shares of Taylor Wimpey in a research report on Wednesday. Liberum Capital reiterated a hold rating on shares of Taylor Wimpey in a research report on Tuesday, November 13th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Taylor Wimpey in a research report on Wednesday, November 14th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of GBX 187.27 ($2.45).

Shares of LON TW traded up GBX 7.15 ($0.09) during midday trading on Friday, hitting GBX 156.05 ($2.04). 26,195,373 shares of the company traded hands, compared to its average volume of 16,200,000. Taylor Wimpey has a 12-month low of GBX 173 ($2.26) and a 12-month high of GBX 211.90 ($2.77).

In other Taylor Wimpey news, insider Kevin S. Beeston acquired 112,870 shares of the business’s stock in a transaction on Tuesday, December 4th. The shares were acquired at an average price of GBX 132 ($1.72) per share, for a total transaction of £148,988.40 ($194,679.73). Also, insider Pete Redfern acquired 745,846 shares of the business’s stock in a transaction on 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). In the last 90 days, insiders acquired 858,823 shares of company stock worth $114,857,184.

About Taylor Wimpey

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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