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Taylorwimpey

Taylor Wimpey TW *GOOD LONG TERM BUYING OPPORTUNITY*Taylor Wimpey Analysis. Currently trading at more than a 54% discount from the current yearly highs and price is sat around 109/110 support zone. This price level was the very bottom of the lows seen during the 2016 sell-off. They have a strong dividend yield history paying over 9% and before covid-19 came on to the scene, their company financials were looking good. Revenue increased by 10% last year and their cash in hand balance is over 600m. Interest rates have been cut further last week and this theoretically will help to boost new home sales when we pull through the current market climate. It also appears that the construction industry is still firing on all cylinders with site works continuing until further notice.
LSE:TW.Long
by UnknownUnicorn772665
1
Taylor Wimpey - More down likelySELL - TAYLOR WIMPEY (TW.) Taylor Wimpey plc is a residential developer. The Company operates at a local level from 24 regional businesses across the United Kingdom, and it has operations in Spain. Fundamentals Brexit uncertainties continue to undermine the performance of certain UK housebuilders. The ongoing political threat is sending shares in Taylor Wimpey lower. The latest set of results showed that first half operating profits were down 9.4%, which reflects higher build costs and tougher standards. House prices are stagnating, particularly in London and the South East where Taylor Wimpey are significantly exposed. Tougher times potentially remain ahead. Best Broker Target Price: 200p (Berenberg Bank 05/03/2019) Worst Broker Target Price: 140p (Peel Hunt 10/12/2018) Technical Analysis Taylor Wimpey has been unable to reach the heights it saw in the aftermath of the Brexit result in 2017 and since then has traded in a sequence of lower highs and lower lows. The break of support seen this week at 153.8p suggest we are going to see a continuation lower in the short term. The immediate downside target is at the December 2018 lows of 128p, then below that we are targeting the Brexit vote lows of 110p. Recommendation: Sell between 140-160p Stop: 180p Target: 128p & 110p
LSE:TW.Short
by Investamate
Taylor Wimpey – Falling channel intactUK’s FTSE 100 index was boosted today by house builder Taylor Wimpey which said trading had been "strong" in the second half of the year. Technicals – Falling channel on the daily The share is trading around 150p. Prices need to close above the falling channel hurdle, which would signal continuation of the rally from the post Brexit low. On the higher side, resistance is seen at 160.02 (Oct 4 high) – 160.67 (50% Fibo of May high – June low). Given the 50-DMA and 100-DMA are sloping lower; the odds of a bullish break from the falling channel are low.
LSE:TW.
by TipTVFinance