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

Shares of Taylor Wimpey plc (LON:TW) have been assigned a consensus rating of “Hold” from the ten analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 109.

A number of research firms have recently issued reports on TW. JPMorgan Chase & Co. reduced their price target on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft decreased their target price on Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating for the company in a research note on Monday, May 11th. Bank of America lowered their price target on shares of Taylor Wimpey from GBX 110 to GBX 90 and set a “neutral” rating for the company in a research report on Monday, March 30th. Jefferies Financial Group decreased their price objective on Taylor Wimpey from GBX 105 to GBX 103 and set a “buy” rating for the company in a report on Tuesday, May 5th. Finally, Berenberg Bank lowered their target price on shares of Taylor Wimpey from GBX 120 to GBX 105 and set a “buy” rating on the stock in a research note on Wednesday, April 29th.

Taylor Wimpey Price Performance

LON TW opened at GBX 83.26 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 4.96 and a debt-to-equity ratio of 2.96. The company has a market cap of £2.99 billion, a P/E ratio of 12.15, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The company’s 50 day moving average is GBX 79.14 and its two-hundred day moving average is GBX 91.84.

Insider Transactions at Taylor Wimpey

In related news, insider Mark Castle purchased 1,999 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average cost of GBX 75 per share, for a total transaction of £1,499.25. Over the last 90 days, insiders have acquired 3,140 shares of company stock worth $239,880. 0.87% of the stock is owned by insiders.

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.