Taylor Wimpey (LON:TW) was upgraded by equities researchers at Goldman Sachs Group to a “buy” rating in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also recently weighed in on TW. Peel Hunt reaffirmed a “hold” rating on shares of Taylor Wimpey in a research report on Monday, July 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Taylor Wimpey in a research report on Tuesday, June 25th. Canaccord Genuity cut their price objective on shares of Taylor Wimpey from GBX 187 ($2.44) to GBX 182 ($2.38) and set a “buy” rating for the company in a research report on Monday, August 5th. Berenberg Bank reaffirmed a “buy” rating on shares of Taylor Wimpey in a research report on Monday, August 5th. Finally, Liberum Capital reissued a “hold” rating on shares of Taylor Wimpey in a report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 189.64 ($2.48).
Shares of Taylor Wimpey stock opened at GBX 144.40 ($1.89) on Tuesday. The company has a 50-day simple moving average of GBX 159.90. The company has a market capitalization of $4.74 billion and a PE ratio of 7.26. Taylor Wimpey has a 52-week low of GBX 127.80 ($1.67) and a 52-week 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.
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: Understanding Price to Earnings Ratio (PE)
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