Taylor Wimpey (LON:TW) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Taylor Wimpey (LON:TW) in a research note released on Thursday, MarketBeat reports. They currently have a GBX 150 ($1.93) price objective on the homebuilder’s stock.

A number of other equities analysts also recently issued reports on TW. Berenberg Bank reaffirmed a buy rating and set a GBX 175 ($2.25) price objective on shares of Taylor Wimpey in a report on Wednesday, July 31st. Royal Bank of Canada raised shares of Taylor Wimpey to an outperform rating and set a GBX 175 ($2.25) price objective on the stock in a report on Friday, April 12th.

Taylor Wimpey Price Performance

TW opened at GBX 154.60 ($1.99) on Thursday. The company has a debt-to-equity ratio of 2.80, a current ratio of 5.37 and a quick ratio of 0.71. The company has a market capitalization of £5.47 billion, a price-to-earnings ratio of 1,546.00, a P/E/G ratio of 2.12 and a beta of 1.76. The firm’s fifty day moving average price is GBX 150.66 and its two-hundred day moving average price is GBX 143.97. Taylor Wimpey has a 1 year low of GBX 98.92 ($1.27) and a 1 year high of GBX 150.75 ($1.94).

Taylor Wimpey Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 4.80 ($0.06) per share. The ex-dividend date of this dividend is Thursday, October 10th. This is a boost from Taylor Wimpey’s previous dividend of $4.79. This represents a dividend yield of 3.03%. Taylor Wimpey’s dividend payout ratio is currently 10,000.00%.

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.