Taylor Wimpey’s (TW) Buy Rating Reiterated at Jefferies Financial Group

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a note issued to investors on Monday, September 28th, Marketbeat reports. They presently have a GBX 101 price objective on the homebuilder’s stock. Jefferies Financial Group’s target price indicates a potential upside of 24.08% from the stock’s current price.

TW has been the subject of several other research reports. Citigroup decreased their target price on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research note on Monday, August 3rd. Royal Bank Of Canada lowered Taylor Wimpey to an “outperform” rating and dropped their target price for the company from GBX 115 to GBX 110 in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft cut their price target on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a research note on Tuesday, August 4th. Berenberg Bank lowered their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a research note on Tuesday, June 16th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 98.

Taylor Wimpey Price Performance

Shares of TW stock traded up GBX 0.10 during trading hours on Monday, hitting GBX 81.40. The stock had a trading volume of 12,491,792 shares, compared to its average volume of 2,409,451. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71. The company has a market capitalization of £2.93 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 2.04 and a beta of 1.30. The stock has a fifty day moving average price of GBX 82.51 and a 200 day moving average price of GBX 82.16.

Taylor Wimpey (LON:TW) last released its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 EPS for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, equities analysts predict that Taylor Wimpey will post 9.8339265 earnings per share for the current 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.