Taylor Wimpey plc (LON:TW) Receives Average Rating of “Hold” from Analysts

Shares of Taylor Wimpey plc (LON:TW) have been assigned a consensus rating of “Hold” from the ten brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 99.20.

Several equities analysts have commented on the stock. Royal Bank Of Canada lowered shares of Taylor Wimpey to an “outperform” rating and lowered their price objective for the company from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a report on Tuesday, August 4th. Berenberg Bank decreased their target price on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Citigroup lowered their price target on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a report on Monday, August 3rd. Finally, Jefferies Financial Group dropped their price target on Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating for the company in a research report on Wednesday, August 12th.

Taylor Wimpey Price Performance

Shares of TW opened at GBX 82.82 on Friday. The company has a quick ratio of 0.71, a current ratio of 4.99 and a debt-to-equity ratio of 3.06. The stock has a market cap of £2.98 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The business’s 50-day moving average price is GBX 81.46 and its 200 day moving average price is GBX 87.89.

Taylor Wimpey (LON:TW) last posted its earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. On average, sell-side analysts expect that Taylor Wimpey will post 9.8339265 earnings per share for the current year.

Insider Activity

In related news, insider Mark Castle acquired 1,999 shares of the stock in a transaction dated Thursday, June 11th. The stock was acquired at an average cost of GBX 75 per share, with a total value of £1,499.25. Over the last three months, insiders purchased 2,784 shares of company stock valued at $209,976. 0.87% of the stock is owned by company insiders.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.