Taylor Wimpey plc (LON:TW) Stock Has Consensus Target Price of GBX 98 According to Brokerages

Shares of Taylor Wimpey plc (LON:TW) have been assigned an average recommendation of “Hold” from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 98.

Several research firms recently weighed in on TW. Deutsche Bank Aktiengesellschaft dropped their price target on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a report on Tuesday, August 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a report on Monday, September 28th. Royal Bank Of Canada cut Taylor Wimpey to an “outperform” rating and lowered their price objective for the stock from GBX 115 to GBX 110 in a research report on Monday, August 3rd. Citigroup dropped their target price on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating for the company in a research report on Tuesday, June 16th.

Taylor Wimpey Stock Performance

LON TW opened at GBX 74.40 on Friday. The business’s 50-day moving average is GBX 82.17 and its 200-day moving average is GBX 81.75. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06. The firm has a market cap of £2.67 billion, a PE ratio of 10.85, a PEG 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 EPS for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, analysts predict 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.