Taylor Wimpey (LON:TW) Given "Buy" Rating at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reiterated a "Buy" rating for Taylor Wimpey (LON:TW), with a target price of GBX 142, indicating a potential upside of 34.85% from its previous close.
• Other analysts have varying opinions, with Peel Hunt giving a "hold" rating at GBX 110, while Citigroup increased their target from GBX 140 to GBX 145 with a "buy" rating.
• Taylor Wimpey reported an earnings per share (EPS) of GBX 3.20 in their last earnings release, reflecting a return on equity of 5.50% and a net margin of 7.25%.

Taylor Wimpey (LON:TW - Get Free Report)'s stock had its "buy" rating reiterated by research analysts at Jefferies Financial Group in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 142 target price on the homebuilder's stock. Jefferies Financial Group's price target points to a potential upside of 34.85% from the company's previous close.

Several other analysts also recently issued reports on TW. Peel Hunt reaffirmed a "hold" rating and issued a GBX 110 price objective on shares of Taylor Wimpey in a research report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft lowered their target price on Taylor Wimpey from GBX 136 to GBX 122 and set a "hold" rating on the stock in a report on Tuesday, August 5th. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Taylor Wimpey in a research report on Thursday, October 2nd. Citigroup lifted their price target on Taylor Wimpey from GBX 140 to GBX 145 and gave the company a "buy" rating in a report on Friday, October 3rd. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 130 price objective on shares of Taylor Wimpey in a research note on Thursday, October 2nd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 133.43.

Taylor Wimpey Trading Up 0.2%

Shares of TW opened at GBX 105.30 on Wednesday. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79. The business's 50-day simple moving average is GBX 99.84 and its 200 day simple moving average is GBX 109.36. The stock has a market capitalization of £3.79 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW - Get Free Report) last released its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. As a group, equities research analysts forecast that Taylor Wimpey will post 9.8339265 EPS 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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