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

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 101 price target on the homebuilder’s stock. Jefferies Financial Group‘s price target would indicate a potential upside of 22.39% from the company’s previous close.

TW has been the topic of a number of other research reports. Berenberg Bank reduced their price target on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Royal Bank Of Canada cut shares of Taylor Wimpey to an “outperform” rating and lowered their price objective for the company from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Finally, Citigroup decreased their price target on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 98.

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at GBX 82.52 on Wednesday. The firm has a market cap of £2.97 billion, a PE ratio of 12.04, a P/E/G ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71. The business’s 50-day moving average price is GBX 80.74 and its 200-day moving average price is GBX 80.94.

Taylor Wimpey (LON:TW) last announced its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, analysts forecast that Taylor Wimpey will post 9.83 EPS 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.