Taylor Wimpey’s (TW) Buy Rating Reaffirmed at Berenberg Bank

Taylor Wimpey (LON:TW – Get Free Report)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 95 price objective on the homebuilder’s stock. Berenberg Bank‘s price objective indicates a potential upside of 20.71% from the stock’s current price.

Several other research analysts have also issued reports on TW. Deutsche Bank 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 report on Tuesday, August 4th. Royal Bank Of Canada lowered shares of Taylor Wimpey to an “outperform” rating and reduced their price objective for the company from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Citigroup decreased their price objective on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 101 price objective on shares of Taylor Wimpey in a research report on Wednesday. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Taylor Wimpey currently has a consensus rating of “Hold” and an average target price of GBX 98.

Check Out Our Latest Report on TW

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at GBX 78.70 on Thursday. The business has a 50 day moving average of GBX 80.28 and a 200 day moving average of GBX 86.34. The firm has a market capitalization of £2.83 billion, a price-to-earnings ratio of 11.48, a P/E/G 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.

About Taylor Wimpey

(Get Free Report)

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.

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Analyst Recommendations for Taylor Wimpey (LON:TW)

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