Taylor Wimpey (LON:TW)‘s stock had its “hold” rating reissued by Liberum Capital in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports.
Other analysts have also issued research reports about the company. Bank of America upgraded Taylor Wimpey to a “buy” rating and increased their target price for the company from GBX 200 ($2.63) to GBX 230 ($3.03) in a report on Monday, January 13th. Credit Suisse Group cut their price objective on Taylor Wimpey from GBX 235 ($3.09) to GBX 230 ($3.03) and set a “neutral” rating for the company in a report on Wednesday, February 26th. Deutsche Bank increased their price objective on Taylor Wimpey from GBX 187 ($2.46) to GBX 230 ($3.03) and gave the stock a “buy” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. upgraded Taylor Wimpey to an “overweight” rating and set a GBX 250 ($3.29) price objective for the company in a report on Tuesday, February 4th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 230 ($3.03) price objective (up from GBX 215 ($2.83)) on shares of Taylor Wimpey in a report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 220.77 ($2.90).
TW opened at GBX 123.65 ($1.63) on Wednesday. The stock has a fifty day moving average of GBX 171.46 and a 200-day moving average of GBX 177.35. The firm has a market capitalization of $40.82 million and a P/E ratio of 6.00. Taylor Wimpey has a 12-month low of GBX 0.02 ($0.00) and a 12-month high of GBX 214.50 ($2.82). The company has a quick ratio of 0.71, a current ratio of 4.44 and a debt-to-equity ratio of 3.40.
In other news, insider Robert Noel acquired 36,330 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average cost of GBX 211 ($2.78) per share, for a total transaction of £76,656.30 ($100,837.02).
Taylor Wimpey Company Profile
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, including one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
See Also: Gross Domestic Product (GDP)
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