Taylor Wimpey (LON:TW) Downgraded to Sector Perform Rating by Royal Bank Of Canada

Taylor Wimpey (LON:TW - Get Free Report) was downgraded by research analysts at Royal Bank Of Canada to a "sector perform" rating in a research note issued on Wednesday, MarketBeat.com reports. They presently have a GBX 135 ($1.84) price target on the homebuilder's stock, down from their previous price target of GBX 150 ($2.04). Royal Bank Of Canada's price target would suggest a potential upside of 19.95% from the stock's previous close.

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 150 ($2.04) price target on shares of Taylor Wimpey in a research note on Wednesday, April 30th.

Taylor Wimpey Trading Up 0.6%

LON TW opened at GBX 112.55 ($1.53) on Wednesday. The company has a market cap of £4.05 billion, a price-to-earnings ratio of 16.42, a PEG ratio of 2.04 and a beta of 1.81. The firm has a fifty day moving average of GBX 118.43 and a 200-day moving average of GBX 115.51. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08.

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.