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

Taylor Wimpey (LON:TW)‘s stock had its “hold” rating reissued by equities research analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, MarketBeat reports. They currently have a GBX 110 price objective on the homebuilder’s stock. Peel Hunt’s price target points to a potential upside of 5.21% from the company’s current price.

A number of other analysts also recently issued reports on the stock. Royal Bank Of Canada dropped their price target on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a “sector perform” rating on the stock in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating on the stock in a report on Tuesday, August 5th. Citigroup dropped their price target on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating on the stock in a report on Thursday, July 24th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Taylor Wimpey in a report on Thursday, July 31st. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 135 price objective on shares of Taylor Wimpey in a report on Monday, September 8th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 138.43.

Taylor Wimpey Stock Up 1.5%

Shares of LON TW opened at GBX 104.55 on Wednesday. The company’s 50-day moving average is GBX 100.12 and its 200-day moving average is GBX 109.61. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The stock has a market cap of £3.76 billion, a P/E ratio of 15.25, a PEG ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last announced its quarterly earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. As a group, equities research analysts anticipate that Taylor Wimpey will post 9.8339265 EPS for the current fiscal year.

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.