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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
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Share Price: 144.30
Bid: 144.95
Ask: 145.05
Change: 1.10 (0.77%)
Spread: 0.10 (0.069%)
Open: 143.90
High: 145.55
Low: 143.85
Prev. Close: 143.20
TW. Live PriceLast checked at -

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Tuesday newspaper share tips: Taylor Wimpey a strong house to invest in

Tue, 12th Jan 2016 10:40

(ShareCast News) - A strong housing market has led The Times' Tempus to rate Taylor Wimpey at 'buy long term'. In a trading statement released on Monday, the FTSE 100 housebuilder said 2015 was a year of steady growth, and has indicated it is starting the new year with a strong order book.It reported total home completions in the UK for the year to 31 December 2015 increased by 7% to 13,341, including 2,509 affordable homes.The average selling price on private completions increased by 9% to £254,000 after the company said it focused on better quality locations.With a strong order book in place for 2016 as well as its strategy focused on long term delivery and sustainability and housing still high on the political agenda, Taylor Wimpey said it expects to see more progress this year against its medium term targets.Tempus said that when it comes to the housebuilding sector, there's always the question about when and how it could all come crashing down.While it noted that the cost of labour and subcontractors can be an issue, the company said the industry is coping well enough.Tempus highlighted that a prolonged rise in interest rates could have an effect, but this is unlikely in the near future."Mortgage availability is as high as ever, as more lenders enter the market. The government's autumn statement promised more support for the first-time buyer, even if there is as yet no detail. This can only be favourable for the sector."With no sign the boom will end any time soon and the possibility of another special dividend in the summer, the column suggested investors 'buy long term'.Over in The Telegraph, Questor kept a close eye on Brewin Dolphin Holdings after it announced a management reshuffle last Friday.The FTSE 250 company's Head of Investment Management Stephen Ford left the company on Friday as it expanded its executive committee, ending his 16-year career with the group.The company said in a statement that "it has been agreed" that he will leave the company and step down from the board with immediate effect.It said move is part of a strategy announced in September "to promote further organic growth in funds under management through both the direct and agent channels".Questor noted that the company is looking for ways to boost asset growth, after losing the ability to receive a commission for putting clients into investments.On top of that, it had already lost two investment managers to a rival last year, as well as selling its share dealing platform in May.But Questor said the company is making progress."Adjused pre-tax profits increased by 7pc to £62m when it reported full-year results last month. Discretionary assets under management increased by 3pc to £24.8bn. Overall the decline in advisory assets outweighed the new funds, leaving total funds under management down £0.5bn to £32bn."With its exposure to a market selloff and despite a possible takeover approach, Questor rated the company at 'hold'.
More News
11 Jan 2024 07:25

Taylor Wimpey's 2023 profits at top end of guidance

(Sharecast News) - Housebuilder Taylor Wimpey is set to deliver profits towards the top of guidance for the full year but said that the market remains "uncertain" despite a recent reduction in mortgage rates.

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10 Jan 2024 16:51

LONDON MARKET CLOSE: Tepid trade as investors await US inflation data

(Alliance News) - London's FTSE 100 ended lower on Wednesday, as its difficult start to the year continues, as investors have one eye on Thursday's US inflation data.

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10 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 falls as investors await rates clarity

(Alliance News) - Blue-chip European shares were lower early Wednesday afternoon, with the mood in equity markets uncertain ahead of Thursday's key US inflation report.

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8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

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

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4 Jan 2024 14:01

UK earnings, trading statements calendar - next 7 days

Friday 5 January 
no events scheduled 
Monday 8 January 
no events scheduled 
Tuesday 9 January 
B&M European Value Retail SATrading Statement
Games Workshop Group PLCHalf Year Results
Wednesday 10 January 
Glenveagh Properties PLCTrading Statement
Greggs PLCTrading Statement
Gym Group PLCTrading Statement
Hunting PLCTrading Statement
J Sainsbury PLCTrading Statement
Nichols PLCTrading Statement
Persimmon PLCTrading Statement
Thursday 11 January 
Atrato Onsite Energy PLCFull Year Results
Ferrexpo PLCFull Year Results
Hilton Food Group PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Marks & Spencer Group PLCTrading Statement
MJ Gleeson PLCTrading Statement
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
  
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20 Dec 2023 17:11

LONDON MARKET CLOSE: Stocks in festive mood after inflation surprise

(Alliance News) - Stocks in London soared on Wednesday, outperforming European peers, after a sharp drop in the annual rate of UK inflation fuelled hopes for interest rate cuts next year.

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20 Dec 2023 17:04

LONDON MARKET CLOSE: Slowing UK consumer inflation lifts local stocks

(Alliance News) - Stock prices in London closed up on Wednesday as local consumer price inflation slowing faster than expected boosted investor sentiment.

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20 Dec 2023 11:56

LONDON MARKET MIDDAY: Stocks sparkle thanks to UK inflation data

(Alliance News) - Stock prices in London were higher at midday Wednesday, as investors felt the festive cheer thanks to cooler-than-expected inflation data for the UK.

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18 Dec 2023 09:17

LONDON BROKER RATINGS: UBS cuts Barratt, Berkeley, lifts Taylor Wimpey

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

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18 Dec 2023 07:55

LONDON BRIEFING: Games Workshop seals Amazon deal for Warhammer 40,000

(Alliance News) - Stocks in London were set to retreat slightly on Monday, in line with equity markets in Asia, at the start of the last week before the Christmas holidays.

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14 Dec 2023 16:58

LONDON MARKET CLOSE: FTSE 100 jumps on US rate cut euphoria

(Alliance News) - London's FTSE 100 surged on Thursday, turbocharged by a US Federal Reserve pivot, though the Bank of England and European Central Bank struck a more cautious tone.

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8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

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

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7 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks muted amid pre-US jobs data nerves

(Alliance News) - London's FTSE 100 was slightly lower early on Thursday afternoon, with the mood in global markets cautious as investors eagerly anticipate Friday's US jobs data.

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1 Dec 2023 11:50

LONDON MARKET MIDDAY: Miners lead FTSE 100 higher on Chinese data

(Alliance News) - Stock prices in London were higher at midday Friday, putting investors in a good mood as we enter the final month of the year.

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1 Dec 2023 08:52

LONDON MARKET OPEN: Miners give FTSE 100 boost thanks to China PMI

(Alliance News) - Stock prices in London opened higher on Friday, with the FTSE 100 boosted by mining stocks.

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