Liberum Capital reissued their hold rating on shares of Taylor Wimpey (LON:TW) in a research note issued to investors on Wednesday morning, Digital Look reports. Liberum Capital currently has a GBX 150 ($1.96) price target on the homebuilder’s stock.
A number of other analysts have also commented on the company. Canaccord Genuity reiterated a buy rating and set a GBX 181 ($2.37) price target on shares of Taylor Wimpey in a report on Tuesday, October 29th. Goldman Sachs Group lifted their price target on Taylor Wimpey from GBX 179 ($2.34) to GBX 183 ($2.39) and gave the stock a buy rating in a report on Friday, October 25th. Berenberg Bank reiterated a buy rating and set a GBX 200 ($2.61) price target on shares of Taylor Wimpey in a report on Thursday, August 29th. Jefferies Financial Group reiterated a hold rating and set a GBX 172 ($2.25) price target on shares of Taylor Wimpey in a report on Friday, September 27th. Finally, Shore Capital lowered Taylor Wimpey to a hold rating in a report on Wednesday. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 183.92 ($2.40).
Shares of TW stock traded up GBX 2.20 ($0.03) during trading hours on Wednesday, reaching GBX 171.60 ($2.24). The company had a trading volume of 14,291,178 shares, compared to its average volume of 16,200,000. Taylor Wimpey has a 12 month low of GBX 127.80 ($1.67) and a 12 month high of GBX 196.25 ($2.56). The company has a debt-to-equity ratio of 3.83, a current ratio of 3.35 and a quick ratio of 0.44. The business has a fifty day simple moving average of GBX 163.24 and a 200-day simple moving average of GBX 162.62. The company has a market cap of $5.63 billion and a price-to-earnings ratio of 8.62.
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.
Read More: Limitations to arbitrage trading
Receive News & Ratings for Taylor Wimpey Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Wimpey and related companies with MarketBeat.com's FREE daily email newsletter.