Telford Homes (TEF) Rating Reiterated by Peel Hunt

Telford Homes (LON:TEF)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research note issued to investors on Thursday. They presently have a GBX 505 ($6.75) price objective on the stock. Peel Hunt’s target price suggests a potential upside of 16.36% from the stock’s previous close.

Separately, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 460 ($6.15) price target on shares of Telford Homes in a research note on Wednesday, November 29th.

Shares of Telford Homes (TEF) opened at GBX 434 ($5.80) on Thursday. The company has a market capitalization of $328.49 and a price-to-earnings ratio of 1,205.56. Telford Homes has a 1-year low of GBX 315.81 ($4.22) and a 1-year high of GBX 439.76 ($5.88).

Telford Homes (LON:TEF) last announced its earnings results on Wednesday, November 29th. The company reported GBX 9.40 ($0.13) EPS for the quarter. Telford Homes had a return on equity of 6.89% and a net margin of 8.18%. The company had revenue of GBX 9,934 million for the quarter.

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About Telford Homes

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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