Wednesday 18 May 2016

Housebuilders gain more ground after Taylor Wimpey update

Sector continues to be supported by Tuesday’s positive update

Housebuilders continue to be supported by Tuesday’s positive update from Taylor Wimpey.

Taylor has climbed another 2p to 195.6p as JP Morgan raised its target price from 220p to 250p and Deutsche Bank issued a buy note, lifting its forecast share price from 247p to 261p. Deutsche said:

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