Telford Homes plc (TEF) Given Buy Rating at Peel Hunt

Peel Hunt restated their buy rating on shares of Telford Homes plc (LON:TEF) in a research note published on Wednesday morning. The firm currently has a GBX 505 ($6.64) price objective on the stock.

Separately, Barclays PLC raised their price objective on Telford Homes plc from GBX 330 ($4.34) to GBX 398 ($5.23) and gave the stock an equal weight rating in a research report on Thursday, July 13th.

Shares of Telford Homes plc (TEF) traded down 1.32% on Wednesday, hitting GBX 393.50. 37,932 shares of the stock traded hands. The stock’s market cap is GBX 294.88 million. Telford Homes plc has a one year low of GBX 280.00 and a one year high of GBX 439.76. The company’s 50 day moving average is GBX 389.26 and its 200 day moving average is GBX 395.07.

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In other Telford Homes plc news, insider David Campbell acquired 1,500 shares of the firm’s stock in a transaction on Monday, August 7th. The stock was purchased at an average cost of GBX 391 ($5.14) per share, for a total transaction of £5,865 ($7,711.02).

Telford Homes plc Company Profile

Telford Homes Plc is a residential developer operating across London. The Company is engaged in planning, designing and building developments on brownfield sites in London. The Company operates through the segment of housebuilding in the United Kingdom. The Company builds apartments, houses, schools, churches and commercial buildings as part of residential led mixed use developments.

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