Taylor Wimpey plc (LON:TW) Stock Has Average Price Target of GBX 98

Taylor Wimpey plc (LON:TW) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 98.

TW has been the subject of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a research report on Monday, September 28th. Deutsche Bank Aktiengesellschaft reduced their target price on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Citigroup decreased their price target on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Royal Bank Of Canada cut Taylor Wimpey to an “outperform” rating and lowered their price target for the company from GBX 115 to GBX 110 in a report on Monday, August 3rd. Finally, Berenberg Bank dropped their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a research note on Monday, August 3rd.

Taylor Wimpey Stock Performance

Shares of LON TW opened at GBX 78.68 on Friday. The firm has a market capitalization of £2.83 billion, a price-to-earnings ratio of 11.48, a P/E/G ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The stock’s 50-day moving average price is GBX 82.38 and its 200 day moving average price is GBX 81.96.

Taylor Wimpey (LON:TW) last issued its quarterly earnings results 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%. As a group, equities analysts predict 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.