Get Live Data

The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

  2. Share Prices
  3. Taylor Wimpey Share Price
  4. Taylor Wimpey Share News
  5. Jefferies hoists target prices for housebuilding sector

Pin to quick picksTaylor Wimpey Share News (TW.)

Taylor Wimpey Information

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 144.30
Bid: 144.95
Ask: 145.05
Change: 1.10 (0.77%)
Spread: 0.10 (0.069%)
Open: 143.90
High: 145.55
Low: 143.85
Prev. Close: 143.20
TW. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Jefferies hoists target prices for housebuilding sector

Tue, 12th Jan 2016 13:37

(ShareCast News) - Jefferies has upgraded house builders Barratt Developments, Berkeley and Galliford Try due to the UK's continued housing shortage outweighing other concerns.The broker said it believes the government's 100,000-a-year target is not achievable with current construction skills shortages, which will prevent the industry from getting anywhere near the 165,000 extra building workers to achieve this.Across the housebuilding sector Jefferies upgraded share price targets by an average of 18% on the companies' high visibility of cashflows, strong forward order books and ever increasing support for the sector from government."We believe that scarcity of supply of homes, mortgages and potential Bank Rate rises will favour the Help to Buy assisted new build market and raise the prospects of upgrades during 2016," it said.Barratt, Berkeley and Galliford Try are all upgraded to 'buy' from 'hold', with investors looking for yield recommended to consider Barratt, Berkeley and Taylor Wimpey, while those seeking growth choosing Bovis, McCarthy & Stone and Redrow.The top picks for investors looking for both yield and growth are Crest Nicholson and Galliford Try.Jefferies upgraded Berkeley, with a target price now at 4,650p, due to the company's increased guidance and its bigger and faster capital return plan."Upgrades at Barratt and Galliford reflect the interplay between our valuation methodology and Jefferies recommendation structure, rather than changes to estimates."Barratt's new target price was moved to 807p and Galliford to 1,950p.The main risks to forecasts, clearly, were potential reductions in UK house prices, mortgage availability or material changes to the supply chain.
More News
11 Jan 2024 07:25

Taylor Wimpey's 2023 profits at top end of guidance

(Sharecast News) - Housebuilder Taylor Wimpey is set to deliver profits towards the top of guidance for the full year but said that the market remains "uncertain" despite a recent reduction in mortgage rates.

Read more
10 Jan 2024 16:51

LONDON MARKET CLOSE: Tepid trade as investors await US inflation data

(Alliance News) - London's FTSE 100 ended lower on Wednesday, as its difficult start to the year continues, as investors have one eye on Thursday's US inflation data.

Read more
10 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 falls as investors await rates clarity

(Alliance News) - Blue-chip European shares were lower early Wednesday afternoon, with the mood in equity markets uncertain ahead of Thursday's key US inflation report.

Read more
8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
4 Jan 2024 14:01

UK earnings, trading statements calendar - next 7 days

Friday 5 January 
no events scheduled 
Monday 8 January 
no events scheduled 
Tuesday 9 January 
B&M European Value Retail SATrading Statement
Games Workshop Group PLCHalf Year Results
Wednesday 10 January 
Glenveagh Properties PLCTrading Statement
Greggs PLCTrading Statement
Gym Group PLCTrading Statement
Hunting PLCTrading Statement
J Sainsbury PLCTrading Statement
Nichols PLCTrading Statement
Persimmon PLCTrading Statement
Thursday 11 January 
Atrato Onsite Energy PLCFull Year Results
Ferrexpo PLCFull Year Results
Hilton Food Group PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Marks & Spencer Group PLCTrading Statement
MJ Gleeson PLCTrading Statement
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
20 Dec 2023 17:11

LONDON MARKET CLOSE: Stocks in festive mood after inflation surprise

(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.

Read more
20 Dec 2023 17:04

LONDON MARKET CLOSE: Slowing UK consumer inflation lifts local stocks

(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.

Read more
20 Dec 2023 11:56

LONDON MARKET MIDDAY: Stocks sparkle thanks to UK inflation data

(Alliance News) - Stock prices in London were higher at midday Wednesday, as investors felt the festive cheer thanks to cooler-than-expected inflation data for the UK.

Read more
18 Dec 2023 09:17

LONDON BROKER RATINGS: UBS cuts Barratt, Berkeley, lifts Taylor Wimpey

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
18 Dec 2023 07:55

LONDON BRIEFING: Games Workshop seals Amazon deal for Warhammer 40,000

(Alliance News) - Stocks in London were set to retreat slightly on Monday, in line with equity markets in Asia, at the start of the last week before the Christmas holidays.

Read more
14 Dec 2023 16:58

LONDON MARKET CLOSE: FTSE 100 jumps on US rate cut euphoria

(Alliance News) - London's FTSE 100 surged on Thursday, turbocharged by a US Federal Reserve pivot, though the Bank of England and European Central Bank struck a more cautious tone.

Read more
8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
7 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks muted amid pre-US jobs data nerves

(Alliance News) - London's FTSE 100 was slightly lower early on Thursday afternoon, with the mood in global markets cautious as investors eagerly anticipate Friday's US jobs data.

Read more
1 Dec 2023 11:50

LONDON MARKET MIDDAY: Miners lead FTSE 100 higher on Chinese data

(Alliance News) - Stock prices in London were higher at midday Friday, putting investors in a good mood as we enter the final month of the year.

Read more
1 Dec 2023 08:52

LONDON MARKET OPEN: Miners give FTSE 100 boost thanks to China PMI

(Alliance News) - Stock prices in London opened higher on Friday, with the FTSE 100 boosted by mining stocks.

Read more
12345678910

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.