Taylor Wimpey (LON:TW) Given New GBX 145 Price Target at Citigroup

Taylor Wimpey (LON:TW) had its price objective raised by Citigroup from GBX 140 to GBX 145 in a research report sent to investors on Friday morning, MarketBeat reports. Citigroup currently has a buy rating on the homebuilder’s stock.

Other equities research analysts also recently issued reports about the company. Peel Hunt restated a “hold” rating and set a GBX 110 price objective on shares of Taylor Wimpey in a report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft dropped their price objective on Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating on the stock in a report on Tuesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 130 price objective on shares of Taylor Wimpey in a report on Thursday. Berenberg Bank restated a “buy” rating and set a GBX 135 price objective on shares of Taylor Wimpey in a report on Monday, September 8th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Taylor Wimpey in a report on Thursday. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 138.14.

Taylor Wimpey Stock Performance

Shares of LON:TW opened at GBX 106.65 on Friday. The stock has a market cap of £3.83 billion, a P/E ratio of 15.56, a P/E/G ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79. The company’s 50 day moving average is GBX 100.02 and its 200-day moving average is GBX 109.48.

Taylor Wimpey (LON:TW) last announced its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Analysts predict 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.