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

Shares of Taylor Wimpey plc (LON:TW) have been given a consensus recommendation of “Hold” by the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 99.20.

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a research report on Tuesday, August 4th. Royal Bank Of Canada downgraded Taylor Wimpey to an “outperform” rating and cut their price objective for the company from GBX 115 to GBX 110 in a report on Monday, August 3rd. Berenberg Bank decreased their target price on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research note on Monday, August 3rd. JPMorgan Chase & Co. lowered their target price on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a report on Tuesday, June 16th. Finally, Citigroup dropped their target price on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd.

Insider Activity at Taylor Wimpey

In other Taylor Wimpey 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 price of GBX 75 per share, with a total value of £1,499.25. Insiders have purchased a total of 2,784 shares of company stock valued at $209,976 over the last ninety days. Company insiders own 0.87% of the company’s stock.

Taylor Wimpey Stock Performance

LON:TW opened at GBX 85.94 on Friday. The company has a debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71. The business’s fifty day moving average is GBX 80.63 and its 200 day moving average is GBX 88.68. The stock has a market cap of £3.09 billion, a PE ratio of 12.54, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW) last announced its earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. Research analysts forecast that Taylor Wimpey will post 9.8339265 earnings per share for the current fiscal year.

About Taylor Wimpey

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.