Taylor Wimpey (LON:TW) Given “Buy” Rating at Stifel Nicolaus

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Stifel Nicolaus in a note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 120 price target on the homebuilder’s stock. Stifel Nicolaus’ price target indicates a potential upside of 17.76% from the stock’s previous close.

Several other research firms have also issued reports on TW. Berenberg Bank reiterated a “buy” rating and set a GBX 128 target price on shares of Taylor Wimpey in a report on Thursday, January 15th. The Goldman Sachs Group initiated coverage on Taylor Wimpey in a research note on Monday, November 24th. They set a “neutral” rating and a GBX 109 price objective for the company. Citigroup cut their target price on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating on the stock in a research note on Friday, January 16th. JPMorgan Chase & Co. lowered their price target on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 150 price target on shares of Taylor Wimpey in a research note on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 125.33.

Taylor Wimpey Trading Down 2.6%

Taylor Wimpey stock traded down GBX 2.75 on Thursday, hitting GBX 101.90. 36,380,893 shares of the stock traded hands, compared to its average volume of 2,409,451. The stock has a market capitalization of £3.66 billion, a price-to-earnings ratio of 14.87, a P/E/G ratio of 2.04 and a beta of 1.36. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.71 and a current ratio of 4.58. The firm has a 50-day moving average of GBX 109.18 and a two-hundred day moving average of GBX 104.33.

Taylor Wimpey (LON:TW) last released its earnings results on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share for the quarter. Taylor Wimpey had a net margin of 2.40% and a return on equity of 1.97%. As a group, analysts predict that Taylor Wimpey will post 9.8339265 earnings per share for the current year.

Insider Buying and Selling at Taylor Wimpey

In other Taylor Wimpey news, insider Mark Castle purchased 2,267 shares of the stock in a transaction dated Monday, December 15th. The stock was purchased at an average price of GBX 102 per share, with a total value of £2,312.34. Over the last three months, insiders have purchased 3,117 shares of company stock valued at $321,270. 0.87% of the stock is currently owned by corporate insiders.

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.