Taylor Wimpey’s (TW) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Taylor Wimpey (LON:TW) in a research report sent to investors on Wednesday,Digital Look reports. The brokerage currently has a GBX 101 target price on the homebuilder’s stock.

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

Taylor Wimpey Stock Performance

Shares of LON:TW opened at GBX 78.70 on Wednesday. The company’s 50 day moving average is GBX 80.12 and its two-hundred day moving average is GBX 86.06. The firm has a market cap of £2.83 billion, a PE ratio of 11.48, a PEG ratio of 2.04 and a beta of 1.30. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06.

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.