Taylor Wimpey (LON:TW) Receives "Neutral" Rating from JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. reissued a "neutral" rating for Taylor Wimpey (LON:TW) in a recent note to investors, maintaining their current stance on the stock.
• Analysts have given Taylor Wimpey an average rating of "Moderate Buy" with a price target of approximately GBX 150.40 ($1.99).
• For the latest quarter, Taylor Wimpey reported an earnings per share (EPS) of GBX 3.20 ($0.04), with a net margin of 7.25% and a return on equity of 5.50%.

Taylor Wimpey (LON:TW - Get Free Report)'s stock had its "neutral" rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, MarketBeat reports.

Several other research firms also recently weighed in on TW. Berenberg Bank reissued a "buy" rating and set a GBX 150 ($1.99) target price on shares of Taylor Wimpey in a research report on Wednesday, April 30th. Royal Bank Of Canada cut their target price on Taylor Wimpey from GBX 135 ($1.79) to GBX 130 ($1.73) and set a "sector perform" rating on the stock in a research report on Thursday. Finally, Citigroup cut their target price on Taylor Wimpey from GBX 150 ($1.99) to GBX 147 ($1.95) and set a "buy" rating on the stock in a research report on Thursday, July 24th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 147.40 ($1.96).

Taylor Wimpey Stock Down 1.1%

LON TW traded down GBX 1.15 ($0.02) during trading hours on Thursday, reaching GBX 101.10 ($1.34). The company's stock had a trading volume of 24,635,519 shares, compared to its average volume of 2,409,451. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The business's 50-day moving average is GBX 115.07 and its 200-day moving average is GBX 114.48. The stock has a market cap of £3.63 billion, a P/E ratio of 14.75, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The homebuilder reported GBX 3.20 ($0.04) 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 research analysts anticipate that Taylor Wimpey will post 9.8339265 EPS for the current fiscal 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.