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

Jefferies Financial Group reaffirmed their buy rating on shares of Taylor Wimpey (LON:TW - Free Report) in a report published on Monday morning,Digital Look reports. The firm currently has a GBX 175 ($2.24) price objective on the homebuilder's stock.

Separately, JPMorgan Chase & Co. lowered shares of Taylor Wimpey to a "neutral" rating and cut their price objective for the company from GBX 170 ($2.17) to GBX 150 ($1.92) in a report on Thursday, December 5th.

Taylor Wimpey Trading Up 0.1 %

Shares of TW traded up GBX 0.10 ($0.00) during trading hours on Monday, reaching GBX 111.70 ($1.43). 37,707,614 shares of the stock traded hands, compared to its average volume of 2,409,451. The company has a market capitalization of £4.02 billion, a P/E ratio of 16.30, a P/E/G ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The company's 50-day simple moving average is GBX 116.46 and its 200-day simple moving average is GBX 137.64.

Taylor Wimpey (LON:TW - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) EPS for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. On average, research analysts forecast that Taylor Wimpey will post 9.8339265 EPS for the current year.

Insider Buying and Selling

In other Taylor Wimpey news, insider Jennie Daly acquired 44,679 shares of the company's stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of GBX 112 ($1.43) per share, with a total value of £50,040.48 ($64,014.94). Over the last three months, insiders have bought 44,929 shares of company stock worth $5,034,053. Corporate insiders own 0.87% of the company's stock.

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.