Taylor Wimpey’s (TW) “Buy” Rating Reaffirmed at Stifel Nicolaus

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating restated by analysts at Stifel Nicolaus in a report issued on Thursday, MarketBeat.com reports. They currently have a GBX 120 price objective on the homebuilder’s stock. Stifel Nicolaus’ price objective suggests a potential upside of 17.76% from the company’s current price.

TW has been the topic of several other reports. The Goldman Sachs Group began coverage on Taylor Wimpey in a research report on Monday, November 24th. They set a “neutral” rating and a GBX 109 price target on the stock. Citigroup dropped their target price on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating on the stock in a report on Friday, January 16th. Jefferies Financial Group decreased their target price on shares of Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating for the company in a research note on Monday, January 19th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 150 price objective on shares of Taylor Wimpey in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a research note on Thursday, December 4th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Taylor Wimpey presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 125.33.

Taylor Wimpey Price Performance

TW traded down GBX 2.75 on Thursday, reaching GBX 101.90. 36,380,893 shares of the stock were exchanged, compared to its average volume of 2,409,451. The company has a quick ratio of 0.71, a current ratio of 4.58 and a debt-to-equity ratio of 2.94. The firm’s fifty day moving average is GBX 109.18 and its 200-day moving average is GBX 104.33. The stock has a market capitalization of £3.66 billion, a price-to-earnings ratio of 14.87, a PEG ratio of 2.04 and a beta of 1.36.

Taylor Wimpey (LON:TW) last announced its quarterly earnings data on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 1.97% and a net margin of 2.40%. As a group, equities analysts forecast that Taylor Wimpey will post 9.8339265 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Taylor Wimpey news, insider Mark Castle acquired 2,267 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average price of GBX 102 per share, with a total value of £2,312.34. Insiders have bought 3,117 shares of company stock worth $321,270 in the last quarter. Insiders own 0.87% of the company’s stock.

About Taylor Wimpey

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.