Taylor Wimpey (LON:TW) Stock Keeps “Buy” Rating at Jefferies Financial Group

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a note issued to 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 would indicate a potential upside of 27.33% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft dropped 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. Citigroup cut their target price on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research note on Monday, August 3rd. Royal Bank Of Canada downgraded shares of Taylor Wimpey to an “outperform” rating and reduced their price target for the company from GBX 115 to GBX 110 in a report on Monday, August 3rd. Finally, Berenberg Bank decreased their price target on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 98.

Taylor Wimpey Stock Up 4.1%

Shares of LON:TW traded up GBX 3.14 on Wednesday, reaching GBX 79.32. The company had a trading volume of 14,932,332 shares, compared to its average volume of 2,409,451. The company has a fifty day moving average of GBX 81.05 and a 200-day moving average of GBX 81.03. The stock has a market cap of £2.85 billion, a PE ratio of 11.57, a P/E/G ratio of 2.04 and a beta of 1.30. The company has a quick ratio of 0.71, a current ratio of 4.99 and a debt-to-equity ratio of 3.06.

Taylor Wimpey (LON:TW) last released its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. On average, sell-side analysts predict that Taylor Wimpey will post 9.83 earnings per share 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.