Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 130.55
Bid: 125.00
Ask: 139.00
Change: 0.00 (0.00%)
Spread: 14.00 (11.20%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 130.55
TW. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thursday tips round-up: Rightmove, Legal &General, Taylor Wimpey

Thu, 04th Aug 2011 06:49

The phenomenon that is Rightmove chalked up another rock-solid performance in the six months to June. The online property advertising platform seems unstoppable. The shares are a strong hold, even on a gloomy view of the economy and the housing market. Investors of a more sunny disposition should buy, says the Times. Legal & General's strategy of focusing on cash generation seems to be paying off nicely. The life insurer beat City expectations by generating £427m of net cash in the six months to June, up from £337 million and £302m in the previous two halves. The full-year dividend seems likely to be close to 6p, putting the shares at 104.5p on a prospective yield of 5.7 per cent, with more hikes in prospect next year. Trading at a 25 per cent discount to embedded value, they look cheap, even in these jittery times. Buy, says the Times.The Independent's take is that, trading at a 21% discount to L&G's embedded value (the value of all in force businesses) with a prospective yield of nearly 5 per cent, which will rise, the shares offer huge value. L&G also has none of the European exposure of Aviva, or Prudential's governance issues. In fact, we can hardly think of a good reason not to add to our holdings. Buy, the newspaper says.The many investors who bought into Taylor Wimpey in the rescue capital-raising of May 2009 have done OK thus far. The shares have gone up by a third from the 25p placing price after the debt-burdened housebuilder was stabilised successfully. Chief executive Pete Redfern is making progress in the core British business, lifting the operating margin from 6.1% to 9.3% and confident of hitting double figures next year. He has also achieved build cost savings of 10 per cent and reports improved customer satisfaction. With mortgage availability so constrained, progress may be slow, but shareholders should hold on, says the Times.Ukrainian iron ore producer Ferrexpo said earnings before interest, tax depreciation and amortisation had soared by a stellar 86% to $401m, as revenues rose by more than 60% to $855m. The stock market, it seems, was not anticipating the strong results, leading to a fall of more than 10 per cent over the 10 preceding days, a movement which presents a buying opportunity, in the Independent's view. Location, location, location has always been the cliché when it comes to property, and for Capital & Counties it has turned out to be true. Looking ahead, it seems likely that the group's re-development plans for Earls Court will be the focus for the stock in the near-future, after the planning application was submitted in June. This would definitely provide some upside. That said, the stock is up more than 20 per cent since the start of this year, meaning that a negative result on the application could trigger profit taking. We would therefore wait before buying. Hold, says the Independent.Compass, the world's largest food service company, has proved very resilient through the downturn. However, there has been weakness in the share price recently because of the gloomy market backdrop and as the group faces strong comparisons in the future. The shares currently trade on 14.4 times 2011 forecast falling to 13 next year. The yield is 3.5%. As a defensive play in turbulent times, The Telegraph says buy.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.---RG
More News
7 Feb 2024 15:00

London close: Stocks slip as Barratt, Redrow announce merger

(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.

Read more
7 Feb 2024 12:01

LONDON MARKET MIDDAY: Barratt and Smurfit Kappa bookend FTSE 100

(Alliance News) - Stock prices in London were lower at midday Wednesday, with Barratt Developments and Smurfit Kappa sitting either side of the FTSE 100 index.

Read more
7 Feb 2024 08:43

LONDON MARKET OPEN: Barratt agrees GBP2.5 billion Redrow takeover

(Alliance News) - Stock prices in London opened lower on Wednesday, after housebuilder Barratt offered to buy FTSE 250 rival Redrow in a takeover deal, which values Redrow at GBP2.5 billion.

Read more
6 Feb 2024 12:10

LONDON MARKET MIDDAY: BP tops FTSE 100 index on buyback promise

(Alliance News) - The FTSE 100 was higher at midday Tuesday, despite lingering unease in equity markets on US interest rate worries, while BP led the way among London's large-caps as it announced a buyback plan.

Read more
31 Jan 2024 17:05

LONDON MARKET CLOSE: Stocks mixed hours before expected US Fed hold

(Alliance News) - Stock prices in London closed mixed on Wednesday in a trade-thinned day ahead of the US Federal Reserve interest rate decision this evening.

Read more
31 Jan 2024 12:05

LONDON MARKET MIDDAY: FTSE 100 flat ahead of Federal Reserve decision

(Alliance News) - The FTSE 100 in London was flat heading into Wednesday afternoon, as the US Federal Reserve's latest interest rate decision edges closer, keeping equity market enthusiasm to a minimum.

Read more
31 Jan 2024 08:55

LONDON MARKET OPEN: Stocks lack direction ahead of Fed, BoE

(Alliance News) - Stock prices in London lacked direction at the open on Wednesday, as investors nervously look ahead to interest rate decisions from the US Federal Reserve and Bank of England.

Read more
30 Jan 2024 17:01

LONDON MARKET CLOSE: Stocks recover pre-US Fed call and tech earnings

(Alliance News) - Stock prices in London closed up on Tuesday, as investors shook off some pre-interest rate decision nerves and ahead of earnings from Microsoft and Google owner Alphabet this evening.

Read more
30 Jan 2024 12:01

LONDON MARKET MIDDAY: Stocks surge before US tech earnings and Fed

(Alliance News) - Stock prices in London were higher at midday Tuesday, as investors shake off some pre-interest rate decision nerves, ahead of the Federal Reserve's first meeting of the year.

Read more
30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
25 Jan 2024 09:10

LONDON BROKER RATINGS: JPMorgan raises Admiral Group to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
22 Jan 2024 09:10

LONDON BROKER RATINGS: Citi says 'buy' Segro; Barclays cuts Sage

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday:

Read more
19 Jan 2024 12:04

LONDON MARKET MIDDAY: FTSE 100 edges up despite poor UK retail sales

(Alliance News) - The FTSE 100 edged higher on Friday at around midday, though the pound struggled after data showed that UK retail sales plunged in December.

Read more
19 Jan 2024 09:46

Morgan Stanley double upgrades Persimmon to 'overweight'

(Sharecast News) - Morgan Stanley upgraded its stance on Persimmon on Friday as it took a look at the UK housebuilding sector.

Read more
19 Jan 2024 08:50

LONDON MARKET OPEN: FTSE 100 rises amid UK shock retail sales print

(Alliance News) - Stock prices in London outperformed on Friday's market open, after weaker-than-expected UK retail sales data appeared to stoke hopes of an earlier interest rate cut.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.