Taylor Wimpey (LON:TW) Lowered to Neutral Rating by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut shares of Taylor Wimpey (LON:TW) to a neutral rating in a research report sent to investors on Thursday morning, MarketBeat.com reports. The firm currently has GBX 150 ($1.91) target price on the homebuilder’s stock, down from their prior target price of GBX 170 ($2.17).

Taylor Wimpey Stock Performance

LON TW opened at GBX 128 ($1.63) on Thursday. 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 company has a market cap of £4.53 billion, a P/E ratio of 1,848.57, a P/E/G ratio of 2.04 and a beta of 1.81. The firm’s 50 day moving average price is GBX 147.25 and its 200 day moving average price is GBX 152.30.

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.