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

Jefferies Financial Group reaffirmed their buy rating on shares of Taylor Wimpey (LON:TW) in a research report report published on Monday, Marketbeat.com reports. Jefferies Financial Group currently has a GBX 101 target price on the homebuilder’s stock.

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

Taylor Wimpey Stock Performance

Taylor Wimpey stock opened at GBX 87.24 on Monday. The company has a quick ratio of 0.71, a current ratio of 4.99 and a debt-to-equity ratio of 3.06. The business’s 50 day moving average price is GBX 82.42 and its 200-day moving average price is GBX 82.31. The company has a market capitalization of £3.14 billion, a price-to-earnings ratio of 12.73, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW) last posted its quarterly earnings data 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, sell-side analysts forecast 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.