Taylor Wimpey (LON:TW) Earns Buy Rating from Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Taylor Wimpey (LON:TW) in a research report released on Monday morning,Digital Look reports. The brokerage currently has a GBX 175 ($2.26) price objective on the homebuilder’s stock.

Separately, JPMorgan Chase & Co. downgraded Taylor Wimpey to a “neutral” rating and lowered their price target for the stock from GBX 170 ($2.19) to GBX 150 ($1.93) in a research report on Thursday, December 5th.

Taylor Wimpey Stock Up 0.1 %

Shares of TW opened at GBX 111.70 ($1.44) on Monday. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The stock has a market capitalization of £4.02 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The business has a 50 day moving average of GBX 116.46 and a 200-day moving average of GBX 137.64.

Taylor Wimpey (LON:TW) last issued its quarterly earnings results on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. As a group, equities analysts anticipate that Taylor Wimpey will post 9.8339265 EPS for the current fiscal year.

Insider Activity

In other news, insider Jennie Daly bought 44,679 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were acquired at an average price of GBX 112 ($1.44) per share, for a total transaction of £50,040.48 ($64,501.78). Insiders have bought a total of 44,929 shares of company stock worth $5,034,053 over the last quarter. 0.87% of the stock is currently owned by corporate insiders.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.