Taylor Wimpey (TW.)

Sector:

Household Goods

Index:

FTSE 100

165.60p
   
  • Change Today:
      1.60p
  • 52 Week High: 192.25
  • 52 Week Low: 129.30
  • Currency: UK Pounds
  • Shares Issued: 3,279.83m
  • Volume: 25,146,726
  • Market Cap: £5,431m
  • Beta: 0.02

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 165.60p
Change Today 1.60p
% Change 0.98 %
52 Week High 192.25
52 Week Low 129.30
Volume 25,146,726
Shares Issued 3,279.83m
Market Cap £5,431m
Beta 0.02

Taylor Wimpey Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.65% above the market average70.65% above the market average70.65% above the market average70.65% above the market average70.65% 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
Price Trend
15.47% below the market average15.47% below the market average15.47% below the market average15.47% below the market average15.47% below the market average
40.74% below the sector average40.74% below the sector average40.74% below the sector average40.74% below the sector average40.74% below the sector average
Income
96.66% above the market average96.66% above the market average96.66% above the market average96.66% above the market average96.66% 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
14.67% below the market average14.67% below the market average14.67% below the market average14.67% below the market average14.67% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

Strong Buy 9
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 13
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 17-Oct-2019

Time Volume / Share Price
16:35 6,265,629 @ 165.60p
16:29 401 @ 165.60p
16:29 1 @ 165.55p
16:29 3,004 @ 165.70p
16:29 10,023 @ 165.70p

Taylor Wimpey Key Personnel

CEO Pete Redfern
Chair Kevin S Beeston

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