The ‘s’ word shines through

Yorkshire Post - Business - - BUSINESS -

TRAD­ING AT Tay­lor Wim­pey has been strong in the sec­ond half and the group is on track to meet its full-year ex­pec­ta­tions, ac­cord­ing to an­a­lysts at Jef­feries.

The note from Jef­feries added: “Tay­lor Wim­pey’s trad­ing state­ment is sea­soned with sev­eral ‘s’ words: strong, sta­ble, sus­tain­able, but no men­tion of a slow­down, which leaves us keen to add some of our own: spread­sheets, slam-dunk­ing, sil­ver­backs.

“Share prices in the sec­tor have been shaky since the sil­ver­back sell­ing in Septem­ber.

“In our view, it is time for the smart money to stock up on shares in the sec­tor and we would sin­gle out the su­pe­rior re­turns of­fered by the shares of Tay­lor Wim­pey.”

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