Taylor Wimpey’s (TW) “Outperform” Rating Reiterated at Royal Bank Of Canada

Taylor Wimpey (LON:TW)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a report released on Friday,London Stock Exchange reports. They currently have a GBX 150 price target on the homebuilder’s stock. Royal Bank Of Canada’s price target points to a potential upside of 44.37% from the stock’s current price.

A number of other research firms also recently weighed in on TW. Berenberg Bank reissued a “buy” rating and set a GBX 135 price target on shares of Taylor Wimpey in a research report on Monday, November 17th. JPMorgan Chase & Co. decreased their price objective on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating for the company in a report on Thursday, December 4th. The Goldman Sachs Group began coverage on shares of Taylor Wimpey in a research note on Monday, November 24th. They issued a “neutral” rating and a GBX 109 target price on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 142 price target on shares of Taylor Wimpey in a research report on Wednesday, October 8th. Finally, Citigroup lifted their price target on Taylor Wimpey from GBX 140 to GBX 145 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 128.13.

Taylor Wimpey Price Performance

TW traded down GBX 3.75 on Friday, reaching GBX 103.90. The company’s stock had a trading volume of 30,287,702 shares, compared to its average volume of 2,409,451. The firm has a 50-day moving average of GBX 103.52 and a 200 day moving average of GBX 103.91. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The firm has a market cap of £3.74 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Insider Buying and Selling at Taylor Wimpey

In other Taylor Wimpey news, insider Mark Castle acquired 2,267 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average price of GBX 102 per share, for a total transaction of £2,312.34. Over the last ninety days, insiders have bought 3,124 shares of company stock worth $321,174. 0.87% of the stock is owned by corporate insiders.

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.