Taylor Wimpey plc 12.2% Potential Upside Indicated by Bank of America Merrill Lynch

Broker Ratings
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Taylor Wimpey plc with EPIC/TICKER (LON:TW) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Bank of America Merrill Lynch. Taylor Wimpey plc are listed in the Consumer Goods sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 230 GBX on its stock. This now indicates the analyst believes there is a possible upside of 12.2% from today’s opening price of 205 GBX. Over the last 30 and 90 trading days the company share price has increased 3.8 points and increased 39.2 points respectively. The 1 year high share price is 206.1 GBX while the 52 week low for the share price is 141.7 GBX.

Taylor Wimpey plc has a 50 day moving average of 183.60 GBX and a 200 Day Moving Average share price is recorded at 169.84. There are currently 59,698,791 shares in issue with the average daily volume traded being 17,949,237. Market capitalisation for LON:TW is £6,636,687,901 GBP.

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    Taylor Wimpey plc (LON:TW) reports promising progress in its latest trading statement, forecasting robust 2024 results and future growth potential.

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