Taylor Wimpey plc (LON:TW) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Taylor Wimpey plc (LON:TW) have earned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 133.43.

A number of analysts have commented on TW shares. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 130 price target on shares of Taylor Wimpey in a research report on Thursday, October 2nd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Taylor Wimpey in a report on Thursday, October 2nd. Jefferies Financial Group restated a “buy” rating and set a GBX 142 target price on shares of Taylor Wimpey in a research note on Wednesday, October 8th. Berenberg Bank reiterated a “buy” rating and issued a GBX 135 price target on shares of Taylor Wimpey in a research report on Monday, September 8th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 110 price objective on shares of Taylor Wimpey in a research note on Wednesday, October 1st.

Taylor Wimpey Trading Up 1.1%

TW opened at GBX 110.65 on Friday. The stock has a fifty day simple moving average of GBX 100.64 and a 200 day simple moving average of GBX 109.01. The company has a market capitalization of £3.98 billion, a P/E ratio of 16.14, a PEG ratio of 2.04 and a beta of 1.81. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW) last posted its quarterly earnings data on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Equities analysts forecast that Taylor Wimpey will post 9.8339265 earnings per share for the current fiscal year.

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.