Taylor Wimpey’s (TW) Hold Rating Reiterated at Peel Hunt

Peel Hunt restated their hold rating on shares of Taylor Wimpey (LON:TW) in a research report report published on Wednesday morning, MarketBeat reports. They currently have a GBX 110 target price on the homebuilder’s stock.

Several other equities analysts have also issued reports on the stock. Royal Bank Of Canada dropped their target price on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a “sector perform” rating on the stock in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft dropped their price target on Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating on the stock in a research note on Tuesday, August 5th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 135 price target on shares of Taylor Wimpey in a research note on Monday, September 8th. Citigroup lowered their target price on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating on the stock in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Taylor Wimpey in a report on Thursday, July 31st. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 138.14.

Taylor Wimpey Stock Performance

LON TW opened at GBX 106.65 on Wednesday. The company has a market capitalization of £3.83 billion, a PE ratio of 15.56, a PEG ratio of 2.04 and a beta of 1.81. The business’s fifty day moving average is GBX 100.02 and its two-hundred day moving average is GBX 109.56. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW) last issued its quarterly earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. As a group, sell-side analysts predict that Taylor Wimpey will post 9.8339265 earnings per share for the current fiscal year.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.