Taylor Wimpey plc (LON:TW) Given Average Recommendation of “Hold” by Brokerages

Taylor Wimpey plc (LON:TW) has earned an average rating of “Hold” from the ten research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 99.20.

TW has been the topic of several research reports. JPMorgan Chase & Co. cut their target price on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a research note on Tuesday, August 4th. Royal Bank Of Canada downgraded shares of Taylor Wimpey to an “outperform” rating and lowered their price objective for the company from GBX 115 to GBX 110 in a report on Monday, August 3rd. Jefferies Financial Group cut their price objective on shares of Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Finally, Citigroup reduced their target price 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.

Insider Activity at Taylor Wimpey

In other Taylor Wimpey news, insider Mark Castle acquired 1,999 shares of Taylor Wimpey stock in a transaction dated Thursday, June 11th. The stock was bought at an average cost of GBX 75 per share, for a total transaction of £1,499.25. In the last three months, insiders have bought 2,393 shares of company stock worth $179,869. Corporate insiders own 0.87% of the company’s stock.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock opened at GBX 81.64 on Wednesday. The company has a market capitalization of £2.93 billion, a price-to-earnings ratio of 11.91, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The firm has a 50 day moving average price of GBX 82.37 and a 200-day moving average price of GBX 85.39. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06.

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