Taylor Wimpey's (TW) "Hold" Rating Reaffirmed at Peel Hunt

Key Points

• Taylor Wimpey's stock received a "hold" rating from Peel Hunt with a price target of GBX 110, suggesting a potential upside of 6.74% from its previous close.
• Analysts have mixed views on the stock, with three giving a "buy" rating and four a "hold" rating, reflecting a consensus target price of GBX 138.43.
• As of the latest trading session, Taylor Wimpey shares increased by 0.7%, and the company reported GBX 3.20 earnings per share for the last quarter.

Taylor Wimpey (LON:TW - Get Free Report)'s stock had its "hold" rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 110 price objective on the homebuilder's stock. Peel Hunt's price objective indicates a potential upside of 6.74% from the stock's previous close.

A number of other brokerages have also weighed in on TW. Royal Bank Of Canada cut their price objective on Taylor Wimpey from GBX 135 to GBX 130 and set a "sector perform" rating on the stock in a report on Thursday, July 31st. Berenberg Bank reissued a "buy" rating and issued a GBX 135 target price on shares of Taylor Wimpey in a research report on Monday, September 8th. Deutsche Bank Aktiengesellschaft dropped their price target 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. JPMorgan Chase & Co. restated a "neutral" rating on shares of Taylor Wimpey in a research note on Thursday, July 31st. Finally, Citigroup lowered their target price on Taylor Wimpey from GBX 150 to GBX 147 and set a "buy" rating for the company in a report on Thursday, July 24th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Taylor Wimpey presently has a consensus rating of "Hold" and a consensus target price of GBX 138.43.

Taylor Wimpey Stock Up 0.7%

Shares of LON:TW traded up GBX 0.75 on Wednesday, hitting GBX 103.05. 22,865,304 shares of the company traded hands, compared to its average volume of 2,409,451. 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 company has a market capitalization of £3.70 billion, a P/E ratio of 15.03, a PEG ratio of 2.04 and a beta of 1.81. The business has a 50 day moving average price of GBX 100.42 and a 200 day moving average price of GBX 109.71.

Taylor Wimpey (LON:TW - Get Free Report) last announced its earnings results 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%. As a group, sell-side analysts anticipate that Taylor Wimpey will post 9.8339265 earnings per share 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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