Taylor Wimpey (LON:TW) Stock Keeps Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Taylor Wimpey (LON:TW) in a report published on Monday, MarketBeat Ratings reports. They currently have a GBX 101 price target on the homebuilder’s stock.

A number of other research firms have also recently weighed in on TW. Berenberg Bank cut their price target on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft lowered their price objective on 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 Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a report on Monday, August 3rd. Royal Bank Of Canada lowered Taylor Wimpey to an “outperform” rating and cut their target price for the stock from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Finally, JPMorgan Chase & Co. decreased their target price on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a research note on Tuesday, June 16th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 99.20.

Taylor Wimpey Trading Up 1.6%

Shares of LON:TW opened at GBX 80.10 on Monday. The firm has a 50 day moving average price of GBX 82.09 and a 200 day moving average price of GBX 82.44. The stock has a market cap of £2.88 billion, a P/E ratio of 11.69, a PEG ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99.

Taylor Wimpey (LON:TW) last released its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (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 research analysts expect that Taylor Wimpey will post 9.8339265 EPS 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.