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

Key Points

• Jefferies reaffirmed its “buy” rating on Taylor Wimpey and maintained a GBX 101 price target, implying approximately 27.33% upside from the stock’s GBX 79.32 opening price.
• Analyst sentiment is mixed: five analysts rate the shares Buy, three Hold, and one Sell. The consensus rating is Hold, with an average target price of GBX 98.
• Taylor Wimpey reported quarterly EPS of GBX 2.50, with a 5.99% return on equity and a 6.43% net margin; analysts expect full-year EPS of GBX 9.83.

Taylor Wimpey (LON:TW - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Jefferies Financial Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 101 price target on the homebuilder's stock. Jefferies Financial Group's price target would indicate a potential upside of 27.33% from the company's current price.

Several other equities analysts also recently weighed in on the company. Royal Bank Of Canada downgraded Taylor Wimpey to an "outperform" rating and dropped their target price for the company from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Citigroup decreased their price target on Taylor Wimpey from GBX 137 to GBX 105 and set a "buy" rating for the company in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a "hold" rating for the company in a report on Tuesday, August 4th. Finally, Berenberg Bank dropped 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. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of GBX 98.

Taylor Wimpey Stock Performance

TW opened at GBX 79.32 on Wednesday. The firm has a 50 day simple moving average of GBX 81.05 and a 200 day simple moving average of GBX 81.03. The firm has a market capitalization of £2.85 billion, a PE ratio of 11.57, a PEG 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 - Get Free Report) last issued 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 return on equity of 5.99% and a net margin of 6.43%. As a group, equities research analysts forecast that Taylor Wimpey will post 9.83 earnings per share for the current fiscal 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.

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