Taylor Wimpey (LON:TW) had its target price reduced by Liberum Capital from GBX 135 ($1.66) to GBX 130 ($1.60) in a research report released on Thursday, Stock Target Advisor reports. They currently have a hold rating on the homebuilder’s stock.
TW has been the subject of several other reports. UBS Group restated a buy rating and issued a GBX 175 ($2.15) price objective (up from GBX 170 ($2.09)) on shares of Taylor Wimpey in a report on Monday, July 27th. HSBC lifted their price objective on Taylor Wimpey from GBX 190 ($2.34) to GBX 250 ($3.08) and gave the company a buy rating in a report on Tuesday, June 23rd. JPMorgan Chase & Co. boosted their target price on shares of Taylor Wimpey from GBX 140 ($1.72) to GBX 150 ($1.85) and gave the stock a neutral rating in a report on Friday, July 3rd. Canaccord Genuity reiterated a hold rating and issued a GBX 165 ($2.03) target price on shares of Taylor Wimpey in a report on Wednesday. Finally, Citigroup reiterated a buy rating and issued a GBX 186 ($2.29) target price on shares of Taylor Wimpey in a report on Friday, June 19th. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of GBX 171.14 ($2.11).
TW stock opened at GBX 118.35 ($1.46) on Thursday. The company has a debt-to-equity ratio of 3.40, a current ratio of 4.44 and a quick ratio of 0.71. The business has a 50-day moving average price of GBX 142.23 and a 200 day moving average price of GBX 145.26. The company has a market capitalization of $4.31 billion and a P/E ratio of 5.75. Taylor Wimpey has a 1-year low of GBX 0.02 ($0.00) and a 1-year high of GBX 170.39 ($2.10).
In other Taylor Wimpey news, insider Jennie Daly purchased 98 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average price of £151.90 ($186.93) per share, for a total transaction of £14,886.20 ($18,319.22). Also, insider Chris Carney purchased 93 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were acquired at an average price of £161.40 ($198.62) per share, for a total transaction of £15,010.20 ($18,471.82). Insiders have bought 295 shares of company stock worth $3,004,616 in the last 90 days.
Taylor Wimpey Company Profile
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, including one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
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