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

Shares of Taylor Wimpey plc (LON:TW) have earned an average recommendation of “Hold” from the ten brokerages that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 99.20.

Several research analysts have weighed in on the company. Jefferies Financial Group reduced their target price on Taylor Wimpey from GBX 102 to GBX 101 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Berenberg Bank lowered their price target on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a report on Monday, August 3rd. Citigroup dropped their price target on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a research report on Monday, August 3rd. JPMorgan Chase & Co. cut their price objective on Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a report on Tuesday, June 16th. Finally, Royal Bank Of Canada lowered Taylor Wimpey to an “outperform” rating and decreased their price objective for the company from GBX 115 to GBX 110 in a research report on Monday, August 3rd.

Insiders Place Their Bets

In related news, insider Mark Castle purchased 1,999 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of GBX 75 per share, with a total value of £1,499.25. Insiders have purchased a total of 2,393 shares of company stock valued at $179,869 over the last 90 days. Insiders own 0.87% of the company’s stock.

Taylor Wimpey Stock Performance

TW opened at GBX 81.64 on Wednesday. The stock has a fifty day moving average price of GBX 82.37 and a two-hundred day moving average price of GBX 85.39. The firm has a market capitalization of £2.93 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 2.04 and a beta of 1.30. 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 announced its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. Equities analysts forecast that Taylor Wimpey will post 9.8339265 EPS 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.