Taylor Wimpey’s (TW) Sector perform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of Taylor Wimpey (LON:TW) in a report published on Thursday morning, MarketBeat reports. They currently have a GBX 130 target price on the homebuilder’s stock.

TW has been the topic of several other reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 135 target price on shares of Taylor Wimpey in a research report on Monday, September 8th. Deutsche Bank Aktiengesellschaft reduced their target price on 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. reaffirmed a “neutral” rating on shares of Taylor Wimpey in a research report on Thursday, July 31st. Citigroup reduced their target price on Taylor Wimpey from GBX 150 to GBX 147 and set a “buy” rating on the stock in a research report on Thursday, July 24th. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 110 target price on shares of Taylor Wimpey in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 138.43.

Taylor Wimpey Trading Up 1.3%

TW opened at GBX 105.95 on Thursday. The company has a market cap of £3.81 billion, a price-to-earnings ratio of 15.46, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. 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 50 day moving average of GBX 100.12 and a two-hundred day moving average of GBX 109.61.

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