Goldman Sachs Group upgraded shares of Taylor Wimpey (LON:TW) to a buy rating in a research report report published on Tuesday morning, ThisIsMoney.Co.Uk reports.
TW has been the subject of several other reports. UBS Group reduced their target price on Taylor Wimpey from GBX 190 ($2.48) to GBX 185 ($2.42) and set a buy rating for the company in a report on Monday, August 5th. Berenberg Bank restated a buy rating on shares of Taylor Wimpey in a report on Monday, August 5th. Jefferies Financial Group reaffirmed a buy rating on shares of Taylor Wimpey in a research report on Tuesday, June 25th. Peel Hunt reaffirmed a hold rating on shares of Taylor Wimpey in a research report on Monday, July 29th. Finally, Canaccord Genuity dropped their price target on Taylor Wimpey from GBX 187 ($2.44) to GBX 182 ($2.38) and set a buy rating on the stock in a research report on Monday, August 5th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 189.64 ($2.48).
TW opened at GBX 143.95 ($1.88) on Tuesday. The business has a 50 day moving average price of GBX 159.66 and a 200 day moving average price of GBX 170.06. Taylor Wimpey has a twelve month low of GBX 127.80 ($1.67) and a twelve month high of GBX 192.70 ($2.52). The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.44 and a current ratio of 3.35. The firm has a market cap of $4.69 billion and a P/E ratio of 7.23.
About Taylor Wimpey
Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. The company builds various homes, including one- and two-bedroom apartments to six-bedroom detached houses. Taylor Wimpey plc was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.
Further Reading: Market Capitalization and Individual Investors
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