Shares of Taylor Wimpey plc (LON:TW) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 161.55 ($2.08) and last traded at GBX 166.40 ($2.15), with a volume of 14724362 shares changing hands. The stock had previously closed at GBX 164.30 ($2.12).
A number of equities analysts have weighed in on TW shares. Shore Capital reissued a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, July 31st. JPMorgan Chase & Co. downgraded Taylor Wimpey to a “neutral” rating and set a GBX 220 ($2.84) price target on the stock. in a research report on Friday, June 1st. Liberum Capital reissued a “hold” rating on shares of Taylor Wimpey in a research report on Tuesday, May 15th. Deutsche Bank reissued a “buy” rating on shares of Taylor Wimpey in a research report on Thursday, May 17th. Finally, Peel Hunt boosted their price target on Taylor Wimpey from GBX 215 ($2.77) to GBX 220 ($2.84) and gave the stock an “add” rating in a research report on Tuesday, May 15th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 203.08 ($2.62).
The company also recently disclosed a dividend, which will be paid on Friday, November 9th. Stockholders of record on Thursday, October 4th will be issued a dividend of GBX 2.44 ($0.03) per share. This represents a dividend yield of 1.42%. The ex-dividend date of this dividend is Thursday, October 4th.
Taylor Wimpey Company Profile (LON:TW)
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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