Taylor Wimpey (LON:TW) Earns “Buy” Rating from Jefferies Financial Group

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 101 price objective on the homebuilder’s stock. Jefferies Financial Group‘s price objective indicates a potential upside of 22.57% from the stock’s previous close.

TW has been the topic of a number of other research reports. Citigroup dropped their price target on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Royal Bank Of Canada downgraded Taylor Wimpey to an “outperform” rating and cut their price target for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Berenberg Bank decreased their price objective on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Five equities research 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 98.

Taylor Wimpey Trading Down 0.1%

Shares of LON:TW traded down GBX 0.12 during mid-day trading on Wednesday, reaching GBX 82.40. The company had a trading volume of 10,568,259 shares, compared to its average volume of 2,409,451. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06. The stock has a market capitalization of £2.96 billion, a price-to-earnings ratio of 12.02, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The company has a 50 day simple moving average of GBX 80.74 and a 200-day simple moving average of GBX 87.82.

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 return on equity of 5.99% and a net margin of 6.43%. On average, research analysts anticipate that Taylor Wimpey will post 9.83 EPS for the current fiscal year.

About Taylor Wimpey

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.