Taylor Wimpey (TW.)

Sector:

Household Goods

Index:

FTSE 100

161.40p
   
  • Change Today:
      2.65p
  • 52 Week High: 236.20
  • 52 Week Low: 101.50
  • Currency: UK Pounds
  • Shares Issued: 3,284.09m
  • Volume: 15,443,757
  • Market Cap: £5,300m

Countryside is star buy for Jefferies in upbeat housebuilders report

By Sean Farrell

Date: Tuesday 02 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Countryside is the star share among UK housebuilders, Jefferies said as it started coverage of the industry with an upbeat report.
Jefferies rated six British builders \'buy\' and five \'hold\' with no \'sell\' ratings. As well as Countryside, analyst Glynis Johnson and her team recommended buying Barratt Developments, Bellway, McCarthy & Stone, Taylor Wimpey and Watkin Jones.

\"We initiate with a positive stance on UK housebuilders, and our key pick in the sub-sector is Countryside,\" Johnson wrote in a report.

Countryside\'s share price has outperformed peers since its listing but there is more good news to come, the analysts said.

The company\'s partnership business, which works with local authorities or housing associations to build affordable homes, is its best performing division and is undervalued by the market, they said. Countryside could decide to sell or split off its housebuilding business, which shareholders effectively get for free at the company\'s current valuation, they added.

\"We believe this partnership business remains underestimated both in terms of its less cyclical customer demand profile, growth potential and ROCE (return on capital) contribution,\" Johnson wrote.

Jefferies gave \'hold\' ratings to Berkeley Group, Bovis, Crest Nicholson, Persimmon and Redrow.

Among building distributors, Ferguson is the top pick at \'buy\' with SIG and Travis Perkins rated \'hold\'. Contractors Keller and Morgan Sindall are rated \'buy\' and Kier is a \'hold\'.

Investors should stick with shares of estate agents Countrywide and LSL, both rated \'hold\', the analysts said.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Taylor Wimpey Market Data

Currency UK Pounds
Share Price 161.40p
Change Today 2.65p
% Change 1.67 %
52 Week High 236.20
52 Week Low 101.50
Volume 15,443,757
Shares Issued 3,284.09m
Market Cap £5,300m

Taylor Wimpey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.70% above the market average86.70% above the market average86.70% above the market average86.70% above the market average86.70% above the market average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average
Price Trend
12.96% above the market average12.96% above the market average12.96% above the market average12.96% above the market average12.96% above the market average
46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average
Income
84.35% above the market average84.35% above the market average84.35% above the market average84.35% above the market average84.35% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
38.39% below the market average38.39% below the market average38.39% below the market average38.39% below the market average38.39% below the market average
15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average15.38% below the sector average

What The Brokers Say

Strong Buy 12
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Taylor Wimpey Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-19 04-Apr-19
Paid 08-Nov-19 17-May-19
Amount 3.84p 3.80p

Trades for 05-Jun-2020

Time Volume / Share Price
16:35 3,217,550 @ 161.40p
16:29 898 @ 161.50p
16:29 317 @ 161.50p
16:29 2,500 @ 161.50p
16:29 3,440 @ 161.35p

Taylor Wimpey Key Personnel

CEO Pete Redfern
Chair Irene Dorner

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