Taylor Wimpey’s (TW) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Taylor Wimpey (LON:TW) in a research note published on Monday,Digital Look reports. They currently have a GBX 175 ($2.26) price target on the homebuilder’s stock.

Separately, JPMorgan Chase & Co. cut Taylor Wimpey to a “neutral” rating and lowered their target price for the stock from GBX 170 ($2.19) to GBX 150 ($1.93) in a report on Thursday, December 5th.

Taylor Wimpey Stock Up 0.1 %

TW opened at GBX 111.70 ($1.44) on Monday. The firm’s 50-day simple moving average is GBX 116.46 and its two-hundred day simple moving average is GBX 137.64. 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 stock has a market cap of £4.02 billion, a PE ratio of 16.30, a P/E/G ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last posted its quarterly earnings data on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Equities analysts anticipate that Taylor Wimpey will post 9.8339265 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jennie Daly sold 358,158 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of GBX 112 ($1.44), for a total transaction of £401,136.96 ($517,062.34). In the last ninety days, insiders bought 44,929 shares of company stock worth $5,034,053. 0.87% of the stock is currently owned by company insiders.

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.