Taylor Wimpey’s (TW) “Sector perform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of Taylor Wimpey (LON:TW) in a research report report published on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 130 target price on the homebuilder’s stock.

Several other equities research analysts have also recently weighed in on TW. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 135 price target on shares of Taylor Wimpey in a research note on Monday, September 8th. Citigroup reduced their price target on Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating on the stock in a research note on Thursday, July 24th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 110 price target on shares of Taylor Wimpey in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Taylor Wimpey in a research note on Thursday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating on the stock in a research note on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 138.14.

Taylor Wimpey Stock Performance

TW opened at GBX 106.65 on Thursday. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The stock has a market capitalization of £3.83 billion, a PE ratio of 15.56, a PEG ratio of 2.04 and a beta of 1.81. The company’s 50-day simple moving average is GBX 100.02 and its 200 day simple moving average is GBX 109.52.

Taylor Wimpey (LON:TW) last posted its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Research analysts forecast that Taylor Wimpey will post 9.8339265 EPS for the current fiscal 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.