UBS Group Reaffirms Buy Rating for Taylor Wimpey (LON:TW)

Taylor Wimpey (LON:TW)‘s stock had its “buy” rating reissued by equities researchers at UBS Group in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports.

Several other research firms have also weighed in on TW. Shore Capital lowered Taylor Wimpey to a “hold” rating in a research report on Wednesday. Berenberg Bank reissued a “buy” rating and issued a GBX 200 ($2.61) price objective on shares of Taylor Wimpey in a research report on Thursday, August 29th. Canaccord Genuity reissued a “buy” rating and issued a GBX 181 ($2.37) price objective on shares of Taylor Wimpey in a research report on Tuesday, October 29th. Peel Hunt reissued a “hold” rating on shares of Taylor Wimpey in a research report on Wednesday. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 172 ($2.25) price objective on shares of Taylor Wimpey in a research report on Friday, September 27th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 183.08 ($2.39).

TW stock opened at GBX 168.26 ($2.20) on Thursday. The stock has a 50-day moving average price of GBX 162.83 and a 200-day moving average price of GBX 162.82. Taylor Wimpey has a 1-year low of GBX 127.80 ($1.67) and a 1-year high of GBX 196.25 ($2.56). The company has a current ratio of 3.35, a quick ratio of 0.44 and a debt-to-equity ratio of 3.83. The firm has a market cap of $5.44 billion and a PE ratio of 8.46.

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.

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Analyst Recommendations for Taylor Wimpey (LON:TW)

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