Taylor Wimpey (LON:TW) Given New GBX 147 Price Target at Citigroup

Taylor Wimpey (LON:TW - Free Report) had its price objective cut by Citigroup from GBX 150 ($2.02) to GBX 147 ($1.98) in a research note published on Thursday, Marketbeat Ratings reports. They currently have a buy rating on the homebuilder's stock.

A number of other brokerages have also recently issued reports on TW. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 150 ($2.02) target price on shares of Taylor Wimpey in a report on Wednesday, April 30th. Royal Bank Of Canada cut shares of Taylor Wimpey to a "sector perform" rating and lowered their price target for the company from GBX 150 ($2.02) to GBX 135 ($1.81) in a report on Wednesday, July 9th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 151.40 ($2.03).

Taylor Wimpey Stock Down 0.3%

TW traded down GBX 0.30 ($0.00) during trading on Thursday, hitting GBX 110.70 ($1.49). The company had a trading volume of 10,723,298 shares, compared to its average volume of 2,409,451. The stock has a market capitalization of £3.98 billion, a P/E ratio of 16.15, a PEG ratio of 2.04 and a beta of 1.81. The stock has a 50 day moving average of GBX 116.38 and a 200-day moving average of GBX 114.62. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71.

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.