Peel Hunt Reiterates Hold Rating for Taylor Wimpey (LON:TW)

Peel Hunt reissued their hold rating on shares of Taylor Wimpey (LON:TW) in a report released on Wednesday morning, Marketbeat Ratings reports. Peel Hunt currently has a GBX 110 target price on the homebuilder’s stock.

TW has been the topic of a number of other research reports. Royal Bank Of Canada decreased their target price on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a “sector perform” rating on the stock in a research report on Thursday, July 31st. Berenberg Bank reiterated 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 decreased their target price on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating on the stock in a research report on Tuesday, August 5th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Taylor Wimpey in a research report on Thursday, July 31st. Finally, Citigroup decreased their target price on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating on the stock in a research report on Thursday, July 24th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 138.14.

Taylor Wimpey Stock Performance

Taylor Wimpey stock opened at GBX 106.65 on Wednesday. The firm’s fifty day moving average is GBX 100.02 and its two-hundred day moving average is GBX 109.56. 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 £3.83 billion, a PE ratio of 15.56, a P/E/G ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last issued its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. On average, analysts predict that Taylor Wimpey will post 9.8339265 earnings per share for the current 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.