Taylor Wimpey (LON:TW) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 101 price target on the homebuilder’s stock. Jefferies Financial Group‘s price objective indicates a potential upside of 22.57% from the company’s previous close.

A number of other research firms also recently weighed in on TW. Royal Bank Of Canada downgraded shares of Taylor Wimpey to an “outperform” rating and reduced their target price for the stock from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a research report on Tuesday, August 4th. Citigroup dropped their price objective on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Finally, Berenberg Bank cut their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 98.

Taylor Wimpey Trading Down 0.6%

TW opened at GBX 82.40 on Wednesday. The business has a 50-day moving average price of GBX 80.33 and a two-hundred day moving average price of GBX 86.47. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The company has a market capitalization of £2.96 billion, a P/E ratio of 12.02, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30.

About Taylor Wimpey

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.