Taylor Wimpey’s (TW) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Taylor Wimpey (LON:TW) in a report released on Thursday,Digital Look reports. Berenberg Bank currently has a GBX 95 target price on the homebuilder’s stock.

A number of other research firms have also recently weighed in on TW. Deutsche Bank cut their price target on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a report on Tuesday, August 4th. Citigroup reduced their price objective on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a report on Wednesday. Finally, Royal Bank Of Canada cut Taylor Wimpey to an “outperform” rating and lowered their target price for the company from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 98.

Taylor Wimpey Stock Up 0.7%

Taylor Wimpey stock opened at GBX 78.70 on Thursday. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71. The firm’s 50-day moving average price is GBX 80.12 and its 200-day moving average price is GBX 86.06. The firm has a market cap of £2.83 billion, a price-to-earnings ratio of 11.48, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30.

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.