JPMorgan Chase & Co. Reaffirms "Neutral" Rating for Taylor Wimpey (LON:TW)

Key Points

• JPMorgan Chase & Co. has reaffirmed a "neutral" rating for Taylor Wimpey, indicating a stable outlook for the company's stock performance.
• Other analysts, including Peel Hunt and Citigroup, have issued various ratings ranging from "hold" to "buy," with target prices showing a consensus around GBX 138.43.
• In its latest quarterly earnings, Taylor Wimpey reported an EPS of GBX 3.20 and a net margin of 7.25%, with analysts predicting significant earnings growth for the current year.

Taylor Wimpey (LON:TW - Get Free Report)'s stock had its "neutral" rating reissued by analysts at JPMorgan Chase & Co. in a research note issued on Thursday,London Stock Exchange reports.

A number of other equities analysts have also recently commented on the company. Peel Hunt reaffirmed a "hold" rating and issued a GBX 110 price target on shares of Taylor Wimpey in a research note on Wednesday. Citigroup dropped their target price on Taylor Wimpey from GBX 150 to GBX 147 and set a "buy" rating on the stock in a report on Thursday, July 24th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 130 price target on shares of Taylor Wimpey in a report on Thursday. Deutsche Bank Aktiengesellschaft reduced their price objective on Taylor Wimpey from GBX 136 to GBX 122 and set a "hold" rating for the company in a research report on Tuesday, August 5th. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 135 target price on shares of Taylor Wimpey in a research report on Monday, September 8th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of GBX 138.43.

Taylor Wimpey Stock Performance

TW stock opened at GBX 104.55 on Thursday. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The company has a market cap of £3.76 billion, a P/E ratio of 15.25, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The business's fifty day moving average price is GBX 100.25 and its two-hundred day moving average price is GBX 109.66.

Taylor Wimpey (LON:TW - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The homebuilder reported GBX 3.20 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Equities analysts predict that Taylor Wimpey will post 9.8339265 EPS for the current 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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