Jefferies Financial Group Boosts Taylor Wimpey (LON:TW) Price Target to GBX 154
Taylor Wimpey (LON:TW) had its price objective raised by Jefferies Financial Group from GBX 146 ($1.80) to GBX 154 ($1.90) in a research report sent to investors on Friday morning, Stock Target Advisor reports. They currently have a hold rating on the homebuilder’s stock.
Several other analysts have also recently commented on the company. Liberum Capital reaffirmed a hold rating on shares of Taylor Wimpey in a research report on Friday, June 5th. Credit Suisse Group reduced their price objective on Taylor Wimpey from GBX 183 ($2.25) to GBX 163 ($2.01) and set a neutral rating for the company in a research report on Friday, June 19th. UBS Group reissued a buy rating and set a GBX 170 ($2.09) price objective (up previously from GBX 165 ($2.03)) on shares of Taylor Wimpey in a research report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on Taylor Wimpey from GBX 110 ($1.35) to GBX 140 ($1.72) and gave the company a neutral rating in a research report on Tuesday, May 26th. Finally, Citigroup reissued a buy rating and set a GBX 186 ($2.29) price objective on shares of Taylor Wimpey in a research report on Friday, June 19th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 177.71 ($2.19).
Shares of LON TW opened at GBX 141.95 ($1.75) on Friday. The stock has a market capitalization of $4.68 billion and a price-to-earnings ratio of 6.92. The stock’s fifty day simple moving average is GBX 148.15 and its 200 day simple moving average is GBX 153.70. The company has a quick ratio of 0.71, a current ratio of 4.44 and a debt-to-equity ratio of 3.40. Taylor Wimpey has a 52-week low of GBX 0.02 ($0.00) and a 52-week high of GBX 170.39 ($2.10).
Taylor Wimpey Company Profile
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, including one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
Featured Article: How can you know how many shares are floating?
Receive News & Ratings for Taylor Wimpey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Wimpey and related companies with MarketBeat.com's FREE daily email newsletter.