JPMorgan Chase & Co. Reaffirms “Neutral” Rating for Taylor Wimpey (LON:TW)

Taylor Wimpey (LON:TW)‘s stock had its “neutral” rating reissued by JPMorgan Chase & Co. in a research note issued to investors on Thursday, MarketBeat.com reports.

Other equities analysts have also recently issued research reports about the stock. Royal Bank Of Canada reduced their price target on shares of Taylor Wimpey from GBX 135 ($1.79) to GBX 130 ($1.73) and set a “sector perform” rating on the stock in a research report on Thursday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 150 ($1.99) price target on shares of Taylor Wimpey in a research report on Wednesday, April 30th. Finally, Citigroup reduced their price target on shares of Taylor Wimpey from GBX 150 ($1.99) to GBX 147 ($1.95) and set a “buy” rating on the stock in a research report on Thursday, July 24th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Taylor Wimpey presently has an average rating of “Moderate Buy” and an average price target of GBX 147.40 ($1.96).

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock opened at GBX 101.10 ($1.34) on Thursday. The firm’s fifty day simple moving average is GBX 115.07 and its 200-day simple moving average is GBX 114.44. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of £3.63 billion, a P/E ratio of 14.75, a PEG ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last announced its earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 ($0.04) earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. On average, equities analysts expect that Taylor Wimpey will post 9.8339265 earnings per share for the current fiscal year.

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.