Jefferies Financial Group Lowers Taylor Wimpey (LON:TW) Price Target to GBX 132

Taylor Wimpey (LON:TW) had its price objective cut by research analysts at Jefferies Financial Group from GBX 140 to GBX 132 in a research report issued on Monday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the homebuilder’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 22.73% from the stock’s current price.

TW has been the topic of several other reports. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 150 price objective on shares of Taylor Wimpey in a research report on Friday, January 16th. The Goldman Sachs Group assumed coverage on Taylor Wimpey in a research report on Monday, November 24th. They issued a “neutral” rating and a GBX 109 price target for the company. JPMorgan Chase & Co. reduced their price target on Taylor Wimpey from GBX 140 to GBX 120 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Peel Hunt restated a “hold” rating and issued a GBX 110 target price on shares of Taylor Wimpey in a research note on Wednesday, October 1st. Finally, Citigroup decreased their price objective on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Taylor Wimpey currently has an average rating of “Moderate Buy” and an average price target of GBX 126.

Taylor Wimpey Price Performance

LON TW opened at GBX 107.55 on Monday. The company’s fifty day moving average price is GBX 103.66 and its two-hundred day moving average price is GBX 103.47. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The company has a market cap of £3.87 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Insider Buying and Selling

In other news, insider Mark Castle acquired 2,267 shares of the business’s stock in a transaction on Monday, December 15th. The shares were purchased at an average price of GBX 102 per share, for a total transaction of £2,312.34. In the last quarter, insiders have acquired 3,124 shares of company stock valued at $321,174. Insiders own 0.87% of the company’s stock.

Taylor Wimpey Company Profile

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.