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

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a research note issued on Wednesday, Digital Look reports. They presently have a GBX 101 price objective on the homebuilder’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 27.33% from the stock’s previous close.

Several other research analysts have also weighed in on the company. Royal Bank Of Canada lowered Taylor Wimpey to an “outperform” rating and lowered their price objective for the stock from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Berenberg Bank cut their target price on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reduced their target price on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Finally, Citigroup reduced their target price on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 98.

Taylor Wimpey Trading Up 4.1%

TW stock traded up GBX 3.14 during trading on Wednesday, reaching GBX 79.32. 14,932,332 shares of the stock were exchanged, compared to its average volume of 2,409,451. The company has a quick ratio of 0.71, a current ratio of 4.99 and a debt-to-equity ratio of 3.06. The stock has a market cap of £2.85 billion, a price-to-earnings ratio of 11.57, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The stock has a 50-day simple moving average of GBX 81.05 and a 200 day simple moving average of GBX 81.03.

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