Taylor Wimpey (LON:TW) Coverage Initiated by Analysts at The Goldman Sachs Group

The Goldman Sachs Group initiated coverage on shares of Taylor Wimpey (LON:TW) in a research report report published on Monday morning, Marketbeat Ratings reports. The firm issued a neutral rating and a GBX 109 price objective on the homebuilder’s stock.

Several other brokerages have also recently weighed in on TW. Jefferies Financial Group restated a “buy” rating and set a GBX 142 target price on shares of Taylor Wimpey in a report on Wednesday, October 8th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Taylor Wimpey in a research report on Thursday, October 2nd. Peel Hunt reaffirmed a “hold” rating and set a GBX 110 target price on shares of Taylor Wimpey in a research note on Wednesday, October 1st. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 130 price target on shares of Taylor Wimpey in a research note on Thursday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a “hold” rating for the company in a report on Tuesday, August 5th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Taylor Wimpey currently has a consensus rating of “Hold” and a consensus price target of GBX 130.38.

Taylor Wimpey Trading Up 3.2%

TW opened at GBX 100.70 on Monday. The firm has a market capitalization of £3.62 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 2.04 and a beta of 1.81. 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 stock’s fifty day simple moving average is GBX 103.04 and its 200-day simple moving average is GBX 107.59.

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.