Taylor Wimpey (LON:TW) Receives Overweight Rating from JPMorgan Chase & Co.

Taylor Wimpey (LON:TW)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a report released on Friday, Digital Look reports.

TW has been the topic of a number of other reports. Royal Bank of Canada upgraded shares of Taylor Wimpey to an “outperform” rating and set a GBX 175 ($2.20) price target on the stock in a research report on Friday, April 12th. Berenberg Bank restated a “hold” rating and set a GBX 130 ($1.63) price target on shares of Taylor Wimpey in a research report on Monday, March 4th.

Taylor Wimpey Stock Performance

TW opened at GBX 133.70 ($1.68) on Friday. The firm has a market capitalization of £4.73 billion, a PE ratio of 1,337.00, a PEG ratio of 1.92 and a beta of 1.77. Taylor Wimpey has a twelve month low of GBX 98.92 ($1.24) and a twelve month high of GBX 150.60 ($1.89). The firm’s 50-day moving average price is GBX 136.49 and its 200 day moving average price is GBX 134.59. The company has a current ratio of 5.37, a quick ratio of 0.71 and a debt-to-equity ratio of 2.80.

Insider Activity

In other news, insider Jennie Daly purchased 132,448 shares of the company’s stock in a transaction dated Thursday, March 28th. The stock was acquired at an average price of GBX 141 ($1.77) per share, with a total value of £186,751.68 ($234,583.19). Insiders bought a total of 132,658 shares of company stock valued at $18,705,276 in the last 90 days. Company insiders own 0.79% of the company’s stock.

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.