Research Analysts Offer Predictions for Taylor Wimpey’s FY2017 Earnings (TWODY)

Taylor Wimpey (OTCMKTS:TWODY) – Equities research analysts at Jefferies Group upped their FY2017 earnings per share estimates for Taylor Wimpey in a research note issued on Wednesday. Jefferies Group analyst A. Codling now forecasts that the company will post earnings per share of $2.62 for the year, up from their previous forecast of $2.39. Jefferies Group also issued estimates for Taylor Wimpey’s FY2018 earnings at $2.79 EPS.

Several other analysts have also commented on the company. Zacks Investment Research raised Taylor Wimpey from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Saturday. ValuEngine downgraded Taylor Wimpey from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 3rd.

Shares of Taylor Wimpey (OTCMKTS:TWODY) opened at $27.86 on Friday. Taylor Wimpey has a 1-year low of $22.15 and a 1-year high of $27.86. The company has a quick ratio of 0.47, a current ratio of 3.27 and a debt-to-equity ratio of 0.03.

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About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilding company in the United Kingdom and Spain. It builds various homes, such as one- and two-bedroom apartments, and five-bedroom detached houses. The company was founded in 1880 and is headquartered in High Wycombe, the United Kingdom.

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