Taylor Wimpey (LON:TW) had its price objective decreased by Liberum Capital from GBX 135 ($1.66) to GBX 130 ($1.60) in a research report sent to investors on Thursday morning, Stock Target Advisor reports. Liberum Capital currently has a hold rating on the homebuilder’s stock.
A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Taylor Wimpey from GBX 140 ($1.72) to GBX 150 ($1.85) and gave the stock a neutral rating in a research note on Friday, July 3rd. Deutsche Bank increased their price target on Taylor Wimpey from GBX 157 ($1.93) to GBX 159 ($1.96) and gave the stock a buy rating in a report on Monday, July 6th. Jefferies Financial Group increased their price target on Taylor Wimpey from GBX 146 ($1.80) to GBX 154 ($1.90) and gave the stock a hold rating in a report on Friday, June 26th. Peel Hunt reiterated a hold rating and set a GBX 140 ($1.72) price target (down from GBX 150 ($1.85)) on shares of Taylor Wimpey in a report on Wednesday. Finally, HSBC increased their price target on Taylor Wimpey from GBX 190 ($2.34) to GBX 250 ($3.08) and gave the stock a buy rating in a report on Tuesday, June 23rd. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Taylor Wimpey has a consensus rating of Buy and a consensus target price of GBX 171.14 ($2.11).
Shares of TW opened at GBX 118.35 ($1.46) on Thursday. Taylor Wimpey has a 52-week low of GBX 0.02 ($0.00) and a 52-week high of GBX 170.39 ($2.10). The company has a market capitalization of $4.31 billion and a PE ratio of 5.75. The stock has a fifty day simple moving average of GBX 142.23 and a two-hundred day simple moving average of GBX 145.26. The company has a quick ratio of 0.71, a current ratio of 4.44 and a debt-to-equity ratio of 3.40.
In other news, insider Jennie Daly bought 98 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of £151.90 ($186.93) per share, for a total transaction of £14,886.20 ($18,319.22). Also, insider Chris Carney bought 93 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were purchased at an average price of £161.40 ($198.62) per share, with a total value of £15,010.20 ($18,471.82). Insiders have purchased a total of 295 shares of company stock valued at $3,004,616 over the last 90 days.
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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